U.S. Trade Deficit Widens Another $8.2 Billion and Durable Goods Orders Decline
Real Vision: Finance & Investing
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The Trade Deficit Is a Null Time Low
The durable goods report is actually not the main event here, ause i think it was well presaged by the declines in o consumer intent to purchase durable goods. The key statistic with respect to the trades apposit, obviously, the trade goods, o the balance, they are hitting a null time low. I think that's one more statistic that points to lower inflation rates in the future. And eventually we're likely to see how the pace up price appreciation really start to dissipate,. ind the kind we've already seen it.
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