From: "Fred Richards" <ffradrich@attbi.com>
Subject: [CANSLIM] Sounds like inflation ahead to me!
Date: Thu, 19 Jun 2003 19:04:15 -0500
Previous Article (by Date): [CANSLIM] FWHT and USNA "inderjit"
Articles sorted by: [Date]
[Author]
[Subject]
This is a multi-part message in MIME format. - ------=_NextPart_000_0006_01C33695.975BAAE0 Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit The U.S. Treasury announced an as-expected budget deficit of $90.5 billion in May. Year-to-date, the budget deficit stands at $292.1 billion vs. $145.4 billion in the year-ago period. Both individual and corporate tax receipts are sharply lower than a year ago, reflecting declining payrolls and soft business conditions. Government spending is high, especially for defense and Medicare. - --------------------- Wonder how long it will take the foreign investors to panic? And when they do, will the market continue on its way up? - ------=_NextPart_000_0006_01C33695.975BAAE0 Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: quoted-printable <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META HTTP-EQUIV=3D"Content-Type" CONTENT=3D"text/html; = charset=3Dus-ascii"> <TITLE>Message</TITLE> <META content=3D"MSHTML 6.00.2800.1170" name=3DGENERATOR></HEAD> <BODY style=3D"COLOR: #000000; FONT-FAMILY: "> <DIV> <DIV><FONT face=3DArial size=3D2>The U.S. Treasury announced an = as-expected budget=20 deficit of $90.5 billion in May. Year-to-date, the budget deficit stands = at=20 $292.1 billion vs. $145.4 billion in the year-ago period. Both = individual and=20 corporate tax receipts are sharply lower than a year ago, reflecting = declining=20 payrolls and soft business conditions. Government spending is high, = especially=20 for defense and Medicare.</FONT></DIV> <DIV><FONT face=3DArial size=3D2></FONT> </DIV> <DIV><SPAN class=3D625080300-20062003><FONT face=3DArial=20 size=3D2>---------------------</FONT></SPAN></DIV> <DIV><SPAN class=3D625080300-20062003><FONT face=3DArial=20 size=3D2></FONT></SPAN> </DIV> <DIV><SPAN class=3D625080300-20062003><FONT face=3DArial size=3D2>Wonder = how long it=20 will take the foreign investors to panic? And when they do, will = the=20 market continue on its way up?</FONT></SPAN></DIV></DIV></BODY></HTML> - ------=_NextPart_000_0006_01C33695.975BAAE0-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
Previous Article (by Date): [CANSLIM] FWHT and USNA "inderjit"
Articles sorted by: [Date]
[Author]
[Subject]