America Faces Record 804.9 Billion Current Account Deficit
The Commerce Department reports 2005 global current account deficit at 804.9 billion dollars, 6.4 percent of GDP, up from 2004. A strong oil bill and rising goods deficit drive the result, with services and investment earnings offering small offsets. Analysts warn of higher deficits ahead and potential market disruption if foreigners curb holdings of U.S. assets.
MENTIONED IN THIS ARTICLE
Washington
America
Commerce Department
Mark Zandi
Moody’s Economy.com
United States
U.S
United Arab Emirates
DP World
Wall Street
Dow
Federal Reserve
Alan Greenspan
Stocks rise on bond yield drop and Goldman profits
Treasury yields fell from 4.77 to 4.69 percent boosting stocks as investors eyed an end to Fed hikes. Goldman Sachs posted a 62 percent jump in first quarter profits and its shares advanced. Dow 75.32 points to 11151.34, S&P 500 up 13.35, Nasdaq up 28.87.
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Goldman Sachs
New York
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Commerce Department
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U.S
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Dow
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S&p
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A “Stock Exchange
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Birch
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Chiquia
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Fairchild
Jolm
CorAutus
Comvers
Cd&l
Srisu
IntentiExn
Sinovac
SP Frel Spengy
Owsvht
iShJapan
GenElec
JDS
Djia Diam
Sun Micro
Alsin Niece Diemenes Ipsesaoed
At&t Inc NY
AMD NY
Allstate NY
AEP NY
CenterPnt NY
Nasd
Chevron NY
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Intel
IBM NY
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Ellen Simon
N. Commerce
Een Marcontell
Rollingbrook
St Re
Edward Jones
Rollingbrook Drive
Ste. F Baytown
Tina Woolsey
Fox
Brinade Traigas
Atry Mambers
Galveston, Fi Bend
David B. Trant
M.D
James Bowie
Baytown
Dr. Trant
P.O. Box
Stephen Takach
Aric E. Bouillon Investment Represe
Edwardson
SIPC
Ative
the Market IN Review
Dany Dow Jones
Capital Bank
Garth Rd
Capitalbanktx.com
Dallibin
NY Ewlettp
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