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A heads up: I’ll be appearing on Fox today: Cavuto on Business @ 4:05pm EST.
The topics include Greenspan’s testimony (boring), Retail Sales (broadly higher in February, but the 0.5% gain fell short of expectations).
Also of interest: Foreigners recorded net purchases of U.S. securities totaling $91.5 billion in
January. The WSJ reported that this was "the largest amount since May 2003 and the second-largest ever,
according to the latest data from the Treasury Department."
is the $91.5 billion adjusted for declined value of US$ ?