February 6, 2019 By Peter Boockvar

Old data but…

What is now old data is continuing to drip out. In November, the trade deficit fell to $49.3b from $55.7b in October. That’s well below the estimate of $54b but was mostly due to a 2.9% drop in imports to the lowest since June as exports fell .6%. While this will boost Q4 GDP, it’s

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