Tuesday, July 12, 2011

It's The Economy Stupid: Trade Deficit Widens

The U.S. Trade Deficit widened great than expected to -$50.2 Billion. Economists expected -$44.1Billion.  Another bad economic number surprising to the negative side. 

 

Second Quarter GDP is looking like it is going to have a hard time getting above +2.0%.

 

John Broussard

Assistant State Treasurer

Chief Investment Officer

State of Louisiana

Department of the Treasury

 

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