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The Current Account Deficit jumped 11.3 billion in the firstquarter to 124.7 billion.  As apercentage of GDP or Gross Domestic Product it increased .2% to 2.7%.  The April Treasury International Capital orTIC Report showed a net long-term decline in foreign demand for US Securitiesof 79.6 billion effectively wiping out the 78.1 billion gain the priormonth.  Treasury and corporate bondsremained unpopular, in favor of agency issues, stocks remained unpopular withforeign buyers as well.

This is Caleb Lawrence Registered Investment Adviser ScottsValley Drive and Willis Road in the Scotts Valley Plaza, Suite 202 or call metoll free at 888-RICH PIG / 888-742-4744.

You can catch me on the radio at noon each business day aswell on California’s central coast.  KPIG107.5 FM in the Monterey Bay or KPYG 94.9 FM in San Luis Obispo.

Rebroadcasts, additional writings and other entries are alsoavailable on my Blog at www.clinvestments.com

Advisory services offered through Caleb Lawrence RegisteredInvestment Adviser Inc.


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