The U.S. merchandise-trade deficit unexpectedly widened in January to an all-time high, reflecting a record value of imports and a drop in shipments overseas.
The shortfall grew to $107.6 billion last month from $100.5 billion in December, according to Commerce Department data released Monday.
Meanwhile, the US Treasury 10Y yield fell to 1.884%.
The cost for shipping from the US to China has surged.
Meanwhile, the Russian Ruble is getting clobbered.
At least Putin hasn’t put himself on Russian currency … yet. Or nyet.
- HAPPENING: Shooter’s Grandpa Says Someone Else Bought Him Weapons and Taught Him How to Fire
- It Is Worse Than We Thought
- Hardest landing is GUARANTEED.
- Why did the West Only Go to Shit After WW2 and Not Before?
- Leaked Document: China Preparing for Imminent War with USA Over Taiwan
- An amusing economic indicator: Strippers say a recession is guaranteed because the strip clubs are suddenly empty
- New footage from Shanghai shows desperate people scrambling for food
- Barack Obama absolutely buried by Jason Whitlock.
- This is what happens if you give up your guns: Australia announces TWO YEARS in prison for violating COVID rules
- Pretty much in all Europe is happening but mainstream media are too focused on Ukraine..