Bush Archive

DXY and exports

[Skip to the end] Dollar Index vs US Exports Right – seems to me the dollar will fall until it’s at a level where the trade gap goes to about zero. So even though exports are way up and the trade gap down, there could be a lot more to go. A ...Read More

Comments on 8:30 numbers

Retail sales weak today, but exports up over 16% earlier this week, and jobless claims now settling in around 350,000 – far from recession levels. That’s what export economies look like. Meanwhile, non oil import prices up 0.6%, and export prices up 0.9%. US GDP growth may be hovering around zero, but ...Read More

Tax cuts, oil prices, and gasoline consumption

Oil prices jump after Bush, Congress reach agreement on economic stimulus plan by John Wilen Oil futures jumped more than $2 a barrel Thursday after the Bush administration and Congressional leaders agreed to an economic stimulus plan that will give most Americans tax rebates of $600 to $1,200, or even more if ...Read More

Why I expect US exports to continue to be very strong..

The desire to accumulate $US financial assets has been diminished for at least the following reasons: Treasury policy – Paulson is actively pushing both a strong yuan and threatening any other CB that buys $US with the label of ‘currency manipulator.’ CB’s had been perhaps the largest source of $US financial assets ...Read More

Re: fiscal response

On 04 Jan 2008 22:29:03 +0000, Prof. P. Arestis wrote: > Dear Warren, > > Many thanks. > > This is all interesting. The sentence that caught my eye is this: “A fiscal > package is being discussed to day by Bernanke, Paulson, and Bush. That > would also reduce the odds ...Read More