Go to Jeff Salisbury LWGate Home Page.From: "Gene Ricci" <genr@swbell.net>
Subject: Fw: [CANSLIM] Sounds like inflation ahead to me!
Date: Thu, 19 Jun 2003 23:00:31 -0500
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Fred, thoughts on a rate cut or lack of a rate cut and its impact?
Gene
P.S. Heard about the new gold ETF?
Coming soon: Buy gold like a stock
http://moneycentral.msn.com/content/CNBCTV/Articles/TVReports/P50438.asp
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?
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<DIV>Fred, thoughts on a rate cut or lack of a rate cut and its=20
impact?<BR><BR>Gene<BR><BR>P.S. Heard about the new gold=20
ETF?<BR> Coming soon: =
Buy gold=20
like a stock<BR><BR><A=20
href=3D"http://moneycentral.msn.com/content/CNBCTV/Articles/TVReports/P50=
438.asp">http://moneycentral.msn.com/content/CNBCTV/Articles/TVReports/P5=
0438.asp</A><BR><BR><BR><BR>The=20
U.S. Treasury announced an as-expected budget deficit of $90.5 =
billion<BR>in=20
May. Year-to-date, the budget deficit stands at $292.1 billion vs.=20
$145.4<BR>billion in the year-ago period. Both individual and corporate =
tax=20
receipts<BR>are sharply lower than a year ago, reflecting declining =
payrolls and=20
soft<BR>business conditions. Government spending is high, especially for =
defense=20
and<BR>Medicare.<BR><BR><BR><BR>---------------------<BR><BR><BR><BR>Wond=
er how=20
long it will take the foreign investors to panic? And when =
they<BR>do,=20
will the market continue on its way up?<BR><BR></DIV></BODY></HTML>
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