Ashraf Laidi
Ashraf Laidi
currency decline faster good relatively signal treasury wants weaker
It's good for the U.S. to see a relatively weaker dollar, but it's not a good idea for the U.S. Treasury to signal it wants a weaker dollar. The decline in the U.S. currency could be faster than they wish.
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.
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.
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.