U.S. Current Account Deficit Hits 10-Year High; Firms Bring Back More Foreign Profit

U.S. Current Account Deficit Hits 10-Year High; Firms Bring Back More Foreign Profit

WASHINGTON (Reuters) - The U.S. current account deficit increased more than expected in the fourth quarter amid declining exports, pushing the overall shortfall in 2018 to its highest level in 10 years, and U.S. companies repatriated a record amount of foreign earnings last year following the Republican tax overhaul.
March 28, 2019 0 Comments
Ditch The Dollar While You Still Can: Here's Why

Ditch The Dollar While You Still Can: Here's Why

The correlation between a weakening dollar and high deficit projections has been growing even with responses on the money supply from the Federal Reserve. Given the increases in the money supply through fiscal policy, as well as the prospect of expansionary monetary policy due to the imminent recession, a massive increase of dollars in circulation will diminish the strength...
March 26, 2019 0 Comments

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