Imports 16.5% of US GDP. [IMG] Inflation is above trend & target...

  1. 8,232 Posts.
    Imports 16.5% of US GDP.



    Inflation is above trend & target rate,  accelerating.



    Nominal wages accelerating.



    Fed raises rates. The USD rallies on orthodox US monetary policy and sells off on heterodox US trade policy proves it’s sometimes a sensible market.
 
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