U.S. Twin Deficits: Budget & Trade
U.S. Twin Deficits: Budget & Trade May Trump’s fiscal gamble not pay off? Meanwhile, the U.S. twin deficits continue to grow. Image: LPL Research
U.S. Twin Deficits: Budget & Trade May Trump’s fiscal gamble not pay off? Meanwhile, the U.S. twin deficits continue to grow. Image: LPL Research
ISABELNET Cartoon of the Day While Donald Trump has won the election, the real “winner” appears to be the U.S. deficit, which is set to grow substantially in the coming years. Have a Great Week, Everyone! 😎
U.S. Election Scenario Probability As Republicans gain momentum heading into the U.S. elections, the prospect of their sweeping victory raises both hopes for short-term economic gains and fears of larger deficits and sustained inflationary pressures. Image: Deutsche Bank
U.S. Federal Government Fiscal Balance Running deficits over an extended period of time is not a sustainable fiscal policy. Image: BofA Global Investment Strategy
Germany Foreign Trade Balance Germany recorded its first trade deficit in goods since 1991. Could the euro fall further? Image: BofA Global Investment Strategy
U.S. 10-Year TIPS Yield and Federal Budget Balance A larger U.S. budget deficit tends to lead to a lower TIPS yield. Image: Alpine Macro
U.S. Trade in Goods Balance The U.S. deficit in trade of goods widened, as many businesses have shuttered due to the coronavirus pandemic. Image: The Daily Shot
U.S. Trade Balance with China by Month U.S. deficit with China narrowed slightly in a year of trade tensions. Image: Oxford Economics
U.S. Long-Term Budget Outlook Large budget deficits over the next 30 years could boost federal debt to unprecedented levels. Image: Congressional Budget Office
U.S. Dollar and Relative Growth (GDP Spread) The chart shows that the U.S. Dollar REER is about relative growth (U.S. GDP – Other Developed Market GDP YoY). You may also like “U.S. Twin Deficits (% of GDP) Lead Real Trade Weighted Dollar Index by Two Years” and “U.S. Twin Deficits (% of GDP) Lead U.S.…
Dollar Index vs. MSCI Emerging Markets Relative Performance Interesting chart showing the correlation of -0.89. Emerging markets could soar if the U.S. dollar falls. You may also like “Twin Deficits (% of GDP) Lead Real Trade Weighted Dollar Index by Two Years.” Image: Paolo Cardena