The Commerce Department reported that the U.S. trade deficit rose to $38.8 billion, lower than economists’ expectations. Although exports rose, imported oil prices also rose in the same time period. “Sales in the U.S. are not growing fast enough to suck in imports; at the same time, foreign economies are not growing fast enough to absorb more U.S.-made goods — the net result is a very bland trade picture,” said Michael Montgomery of IHS Global Insight.
Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
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Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.
Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services: