Intraday Market Thoughts

Another 2008 Deja Vu: Implications of Flattening Imports

by Ashraf Laidi
Jul 12, 2012 10:18

What happens when US imports & exports fall below their 3-month moving average? A stabilizing US trade deficit in May to $48.7 bn from $50.6 bn is always good news, but when both imports and exports show signs of a flattening (see chart in the link below), making the connection to world growth becomes inevitable. Extending the analysis to commodities and equities, we note a close relationship between the rate of trade growth and equities. See full article here.



Latest IMTs