Since reaching a record high of $69.9billion last August the US trade deficit fell to $64.3bln in Sep, $58.8bln in Oct,
$58.2bln in Nov, $61.5bln in Dec and to $59.1bln in Jan07.
The trend has changed with the declining dollar. What will be the impact on the US financial markets?
2007-03-09 02:34:21 · 3 answers · asked by Fred W 2 in Social Science ➔ Economics
As long as it doesn't have an effect on any other factors of GDP, increasing net exports encourages growth, which encourages stocks.
2007-03-09 04:41:37 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Trade balance in and of itself doesn't matter; declining dollar does. Companies that do well in declining-dollar situations are those that either export a lot or compete with imports in the domestic markets or have substantial (and profitable) operations abroad.
2007-03-09 04:34:17 · answer #2 · answered by NC 7 · 0⤊ 0⤋
stock market effects your every day life makes things cheaper or more expensive so be thrifty and good luck
2007-03-09 02:44:49 · answer #3 · answered by eviot44 5 · 0⤊ 0⤋