Great news on the trade deficit numbers from January 2019

[Value Buy]

www.cnbc.com/2019/03/27/us-trade-deficit-reaches-51point15b-vs-57b-est.html

China trade deficit decreased by several billion dollars and trade with Canada is now in a surplus situation.

Soybean sales from the U.S. also showed a huge increase.

[happyhoix]

Well they kind of HAD to improve.

Trade deficit rose in October 2018 to a 10 year high amid a record shortfall with China, creating the largest annual gap in a decade.

US trade deficit added up to almost 503 billion in the first 10 months of 2018, compared to 451 billion in the same time frame of 2017.

www.marketwatch.com/story/us-trade-deficit-climbs-to-10-year-high-despite-tariffs-tough-trump-stance-2018-12-06

So, it kind of looks like it's finally starting to recover from the whammy Trump put on it in 2018?

MAGA?

[billisonboard]

Great? From the link in the OP:

“The sharp fall in the trade deficit in January was primarily due to a larger than expected fall in imports, which is hardly a positive sign for the economy,” Michael Pearce, senior U.S. economist at Capital Economics, said in a note. “Nonetheless, with imports now likely to have been flat, or fallen slightly, in the first quarter overall, net trade is likely to be a positive for economic growth in the first quarter.”

[happyhoix]

Weak jobs report for February and the Treasury yield curve inverted, which is supposedly always happened prior to all the recessions since the Sixties might mean a recession within the next couple years.

nymag.com/intelligencer/2019/03/will-there-be-a-recession-worries-move-to-defcon-3.html

I don't think presidents can single handedly control whether or not we have a recession, and we are overdue to have one, but boy would it suck for him if the economy slumped right before the 2020 election.

Kind of hard to claim to be business genius if you crash the very steady and stable economy Obama left you.

That plus all the lying might make it an uphill slog.

[billisonboard]

Mar 27, 2019 16:02:35 GMT -5 happyhoix said:

... I don't think presidents can single handedly control whether or not we have a recession, ...

But the deep state can and they will do it to keep Trump from being elected. (offer void if a recession doesn't happen and then President Trump can single handedly control not having a recession)

[Tennesseer]

VB-not sure if I saw you start a thread earlier this month regarding February's job growth numbers.  So posting a link here.

The Jobs Report Was the Weakest in Months. Here’s Why.

February’s meager gain follows other signs of economic sluggishness. But there were encouraging signs in the data as well.

The economy’s remarkably steady job-creation machine sputtered in February and produced a mere 20,000 jobs. It was the smallest gain in well over a year and came on top of other signs that the economy was off to a sluggish start in 2019.

The Jobs Report Was the Weakest in Months. Here’s Why.

[weltschmerz]

Mar 27, 2019 10:03:24 GMT -5 Value Buy said:

www.cnbc.com/2019/03/27/us-trade-deficit-reaches-51point15b-vs-57b-est.html

China trade deficit decreased by several billion dollars and trade with Canada is now in a surplus situation.

Soybean sales from the U.S. also showed a huge increase.

Trade with Canada has ALWAYS been in a surplus situation.

[weltschmerz]

The trade relationship of the United States with Canada was the second largest in the world after China and the United States. In 2016, the goods and services trade between the two countries totaled $627.8 billion. U.S. exports were $320.1 billion, while imports were $307.6 billion. The United States had a $12.5 billion trade surplus with Canada in 2016.[1] Canada has historically held a trade deficit with the United States in every year since 1985 in net trade of goods, excluding services.[

-wiki

Yeah, but feel free to praise your bloated buffoon of a president for the trade surplus.

[weltschmerz]

Don't like wiki? Here you go!


Statistics from the Office of the United States Trade Representative refute Trump’s claim of a trade deficit. The U.S. government agency said U.S. had a $12.5 billion trade surplus for goods and services in 2016, exporting $320.1 billion and importing $307.6 billion.

time.com/5185673/donald-trump-us-cananda-trade-deficit-surplus/

[weltschmerz]

He just lies and lies and lies, and you lap it up.
Nicely done!

[Value Buy]

Mar 27, 2019 18:49:31 GMT -5 weltschmerz said:

Mar 27, 2019 10:03:24 GMT -5 Value Buy said:

www.cnbc.com/2019/03/27/us-trade-deficit-reaches-51point15b-vs-57b-est.html

China trade deficit decreased by several billion dollars and trade with Canada is now in a surplus situation.

Soybean sales from the U.S. also showed a huge increase.

Trade with Canada has ALWAYS been in a surplus situation.

The article is about trade in 2018 as well as month over or under previous month, not yearly totals.

[Value Buy]

Mar 27, 2019 18:52:04 GMT -5 weltschmerz said:

The trade relationship of the United States with Canada was the second largest in the world after China and the United States. In 2016, the goods and services trade between the two countries totaled $627.8 billion. U.S. exports were $320.1 billion, while imports were $307.6 billion. The United States had a $12.5 billion trade surplus with Canada in 2016.[1] Canada has historically held a trade deficit with the United States in every year since 1985 in net trade of goods, excluding services.[

-wiki

Yeah, but feel free to praise your bloated buffoon of a president for the trade surplus.

And where did I praise President Trump on this thread?
This article is also about 2019 trade dollars

[Value Buy]

Mar 27, 2019 10:15:53 GMT -5 happyhoix said:

Well they kind of HAD to improve.

Trade deficit rose in October 2018 to a 10 year high amid a record shortfall with China, creating the largest annual gap in a decade.

US trade deficit added up to almost 503 billion in the first 10 months of 2018, compared to 451 billion in the same time frame of 2017.

www.marketwatch.com/story/us-trade-deficit-climbs-to-10-year-high-despite-tariffs-tough-trump-stance-2018-12-06

So, it kind of looks like it's finally starting to recover from the whammy Trump put on it in 2018?

MAGA?

In this article, American exports increased, as imports into the country droped. This creates a more equal balance of payments between us and the world at large. We are still behind on imports versus exports.
One reason could be that we are not buying as much due to possible recession.
Another reason might be the tariffs are having an affect on imports to the U.S. as foreign product is now priced closer to American made goods in some categories.
China and India have destroyed American industries through slave wage rates, and unless you expect American workers to start working for five dollars a day, it is not gong to be a level field.

Europe is still going on tariffs set up after WWII to rebuild their industries. Time for them to level the playing field with us.

[Value Buy]

More good news related to everyone's retirement numbers regarding pensions, 401-k's and IRA's

www.cnbc.com/2019/03/28/investors-should-be-pleased-with-first-quarter-stock-and-bond-gains.html

[djAdvocate]

Mar 28, 2019 8:06:57 GMT -5 Value Buy said:

More good news related to everyone's retirement numbers regarding pensions, 401-k's and IRA's

www.cnbc.com/2019/03/28/investors-should-be-pleased-with-first-quarter-stock-and-bond-gains.html

how does it compare to 4th quarter losses?

[Value Buy]

Mar 28, 2019 19:52:12 GMT -5 djAdvocate said:

Mar 28, 2019 8:06:57 GMT -5 Value Buy said:

More good news related to everyone's retirement numbers regarding pensions, 401-k's and IRA's

www.cnbc.com/2019/03/28/investors-should-be-pleased-with-first-quarter-stock-and-bond-gains.html

how does it compare to 4th quarter losses?

So you are still underwater on your trading?
I think not.
Don't you just hate yourself when you are making big bucks in the market and you do not want to admit it

[djAdvocate]

Mar 28, 2019 21:57:43 GMT -5 Value Buy said:

Mar 28, 2019 19:52:12 GMT -5 djAdvocate said:

how does it compare to 4th quarter losses?

So you are still underwater on your trading?
I think not.
Don't you just hate yourself when you are making big bucks in the market and you do not want to admit it

i am a negative beta investor, bro.

you know what that means, right?

and no, i don't hate myself, but i am really starting to hate your stupid posts.