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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: russwinter who wrote (19947)10/14/2004 9:53:44 AM
From: Haim R. Branisteanu  Read Replies (1) of 110194
 
I find it amazing how little reaction in the FX and stock markets is to this number as if $54 billion is nothing - just in stride issue.

Imports from EZ is 20% higher YoY --- why every one only focuses on China is beyond me - there is a clear advantage in price but Japan and EZ have similar cost structure as the US and the trade deficit with those countries is higher by 20% YOY
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