Ashraf Laidi
![Ashraf Laidi](/assets/img/authors/unknown.jpg)
Ashraf Laidi
economy housing hurt rest
That would really hurt the U.S. housing market, which is already slowing. It would hurt the U.S. economy and would hurt the rest of the world's economies.
difficulty finance good increased number swelling trade
The number is not good for the dollar. There is increased difficulty for the U.S. to finance its swelling trade deficit.
deficit expect increase month next numbers oil particular prices reason rise simple spill tend trade until worse
We can expect to see worse numbers to come. The simple reason is when there is a rise in oil prices that increase in oil price for a particular month does not tend to spill over into the trade deficit until the next month.