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Trade Deficit: No shock to trend
[private][private]The May international trade deficit widens by a much more than expected $6.6 billion (Consensus: widen $0.3 billion; Decision Economics: widen $1.0 billion) from a little revised April level. The surprise will clearly tend to pull Q2 GDP forecasts down–probably by a substantial fraction of one percentage point.
US_11-0713_E1[/private][/private]
Research Studies
DE | Sinai Economic and Market Perspectives | Seeds of A Sovereign Debt Crisis Planted – 02/03/21
[private] [/private] Seeds of A Sovereign Debt Crisis Planted Allen Sinai* The U.S. and Global economies have undergone a fiscal/debt revolution of huge import from which there will be no turning away! The main catalysts read more
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