This ugly chart will have to change sooner or later. It could change if the US dollar would sink even further. The US dollar may go up for a short time (year or two), but the long-term trend is I believe down Down DOWN. This ugly chart will have to change sooner or later. It could change if the US dollar would sink even further. The US dollar may go up for a short time (year or two), but the long-term trend is I believe down Down DOWN.Look at where the biigest rise in our trade deficit in history occurred...during the Klintoon regime.
One note: the trade deficit last month unexpectedly dropped sharply (along with the budget deficit)...this is what caused the recent Euro collapse through key support.