Is the Dollar weak enough to plug the trade deficit?
*Reuters, by Doug Palmer, April 10, 2008:
"The U.S. trade deficit widened unexpectedly in February as imports
of consumer and other goods set a record and grew faster than exports,
which hit a record for the 12th consecutive month, a U.S. government
report showed on Thursday.
The monthly deficit widened 5.7 percent to $62.3 billion, from an upwardly revised estimate of $59.0 billion for January. Wall Street analysts had expected the gap to narrow to $57.5 billion."
*This information is solely a highlight of the opinion of a third-party publication and is incomplete. Please subscribe to this publication for the full and timely opinion of the author and call a Monex Account Representative for any additional up-to-date information. This is not an offer to buy or sell precious metals. Investors should obtain advice based on their own individual circumstances and understand the risk before making any investment decision.
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