US Imports: A Little Inflation For Yellen, A Little More Bastiat

By |2018-02-06T16:49:27-05:00February 6th, 2018|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

US imports rocketed higher once again in December, according to just-released estimates from the Census Bureau. Since August 2017, the US economy has been adding foreign goods at an impressive pace. Year-over-year (SA), imports are up just 10.4% (only 9% unadjusted) but 9.3% was in just those last four months. For most of 2017, imports were flat and even lower. [...]