SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : PRESIDENT GEORGE W. BUSH
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Peter Dierks who wrote (682082)5/12/2005 5:39:11 PM
From: DuckTapeSunroof  Read Replies (1) of 769670
 
Trade Deficit Numbers:

(from Big Trends....)

"...First, this data is two months old (from March). Has this information already been priced into the U.S. stock market? Odds are that it has, leaving no real room for additional gains. Second, this 9 percent dip in the deficit follows the all-time high deficit from February. Of course we're probably going to see a dip - a brief reversal is a common occurrence when you hit new levels. In other words, we really had nowhere to go but down. The longer-term deficit trend is far more meaningful, and the trend itself is still a bit questionable. The forecasted deficit for this year (based on the trend over the first quarter) is still going to be bigger than last year's annual deficit, which happened to be an all-time high as well. So while this may indeed be the beginning of a lot of trade problems being resolved, we're still not seeing nearly enough evidence of that to say that the worst is over. In fact, the improvement in March was largely the result of slowed imports of Chinese textiles. It's not likely that we have any more lucky breaks like that in the pipeline.

In fact, our chart of the U.S. dollar suggests the opposite. Based on the potential rebound in the dollar (compared to euros and yen), there's probably going to be more pressure for the trade gap to be widened rather than closed."
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News