Reply To: Traders Market Weekly: Inflation and the Fed

#48913
TradersCom
Keymaster

The trade deficit widened in October to $78.2 billion (consensus -$77.2 billion) from a downwardly revised $74.1 billion (from -$73.3 billion) in September. That was the result of exports being $1.9 billion less than September exports and imports being $2.2 billion more than September imports.

The key takeaway from the report is that the pickup in imports speaks to a relatively strong U.S. economy in October versus other economies.