Tuesday, 28 February 2017

Trade Deficit Unexpectedly Widens: Exports Sink, Imports Up Sharpl

MishTalk



Economists are on a roll today. Not a single economist got 4th quarter GDP correct and not a single economist got the trade deficit correct. In both cases, economists were overly optimistic.
The Bloomberg Econoday consensus estimate for international trade was -66.0billion in a range of -68 billion to -64.8 billion. The report shows -69.2 billion.

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