1. As Brazilian consumption slows in response to tight credit, lower spending and fatter taxes, the Brazilian market for Argentine goods will shrink. 2. A tight credit market has all but ruled out most speculative development in Orlando real estate. 3. Dumont attributed the drop to continuing tight credit controls that are holding back auto buying by state-owned companies. 4. In a tight credit market, securing new financing would be a challenge. 5. Investors had been hoping a relaxation of the tight credit policy would give a boost to flagging share prices. 6. Paul Krugman, an economist at MIT, acknowledges that tight credit is probably a must. 7. Prices were dragged lower on concerns President Ernesto Zedillo may have to moderate his tight credit, anti-inflation growth program. 8. Some analysts were encouraged that the Fed may be approaching the end of its tight credit policy. 9. Smart Money also expects the Federal Reserve Board to do its part after spending this year fighting inflation with tight credit policies designed to slow economic growth. 10. That would be welcomed by Chinese companies, which are battling the now-familiar Asian affliction of slackening domestic demand, tight credit and dwindling exports. |