From	To
Email: * First Name: Last Name: Send a copy to myself	Email: * First Name: Last Name:

Commentary Topic from greenfaucet

Currency Depreciation and Global Imbalances

The US trade deficit unexpectedly narrowed in August, according to the Commerce Department in a report released yesterday. Exports were up slightly and imports down, mostly because of a reduction in oil imports, I think, but the trade deficit was still a hefty 3.6% of GDP.