The Conspicuous Rush To Import

By |2018-01-08T17:02:24-05:00January 8th, 2018|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

According to the Census Bureau, US companies have been importing foreign goods at a relentless pace. In estimates released last week, seasonally-adjusted US imports jumped to $204 billion in November 2017. That’s a record high finally surpassing the $200 billion mark for the first time, as well as the peaks for both 2014 and 2007. While that may be encouraging [...]