Why the US trade deficit in goods shouldn't be a major concern for the economy. Firstly it is a result of strong consumption due to high consumer confidence and not particularly low competitiveness of the US economy.
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Why the US trade deficit in goods shouldn't be a major concern for the economy. Firstly it is a result of strong consumption due to high consumer confidence and not particularly low competitiveness of the US economy.
Marcin Lipka, Cinkciarz senior analyst
See also:
Inverted yield curve (Afternoon audio analysis 27.08.2018)
Weekly summary (Afternoon audio analysis 24.08.2018)
Accounts from the ECB (Afternoon audio analysis 23.08.2018)
Limited probability of further PLN gains (Afternoon audio analysis 22.08.2018)
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