December US Trade Balance At $40.6 Billion On Expectations Of $40.5, $38.3 Billion Previously

Tyler Durden's picture

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LoneStarHog's picture

I guess Citi is no good with figures/numbers.....

papaswamp's picture

Either that or the 'revision' will be large. Be interesting to see.

Internet Tough Guy's picture

Exporting all that expensive corn probably helps. Corn, the new gold.

financeguru500's picture

Bernanke to PBoC, "Would you like that in Cash or Check?"

 

101 years and counting's picture

Does the export of inflation and banking fraud go into "services" or "goods"?

 

financeguru500's picture

Well if your good enough at accounting, you can mark that exporting of inflation as profit to you thus making the trade balance smaller than it actually is.

Rodent Freikorps's picture

Wow. Only 40.6 Billion dollars. In one month. What a relief.

BigJim's picture

Don't worry, Tyler. If employment had increased by a similar 0.25%, they'd show Obama dancing in the Oval Office.

f16hoser's picture

Yeah but, I'm sure we Exported 5 times that much Inflation! And, since when did Bernanke get a concious? Oh yeah, right after his banking assholes got their bonuses.

 

I'm grooming my kids to be bankers. That's where the real money is......

101 years and counting's picture

First thing you need to do is strip them of any morals they have. 

Rodent Freikorps's picture

That's wrong.

Even Jesus hated bankers.

John Law Lives's picture

The balance of trade in goods and services for the USA has been negative EVERY SINGLE MONTH since January of 1992.  No exceptions.

http://www.bea.gov/international/#trade

You can click on the link "Trade in Goods and Services, 1992-present" on the site and see the spreadsheet with the data.

What a pathetic track record the Free Traders have developed.

 

topcallingtroll's picture

Trading green pieces of paper for real goods and services? Great job as long as you can keep it.

overmedicatedundersexed's picture

"What a pathetic track record the Free Traders have developed."

 well, John ,it's worked really well for multinationals like GE. I guess you didn't get the memo: free trade for banksters screw the American middle class..no John it's working just as they knew it would.

John Law Lives's picture

Thanks for the memo and the history lesson.  That had never dawned to me that the elites had a purpose in mind...

Sudden Debt's picture

THAT'S A LOT OF IPADS!!!

 

 

Tense INDIAN's picture

iv wave almost completed ......LOAD UP on those PUTS .........

 

http://markettechnicals-jonak.blogspot.com/

NOPOMO's picture

It is obvious Bernank POMO is hurting the US economy.  Hot money rushes overseas and causes inflation...reduces disposable income to buy stuff from US.  Little inflation in the US allows consumers to buy more cheap goods from overseas. 

The Bernank is wrong and will be shown the door by Mr. Market soon.

Rodent Freikorps's picture

Don't you know the Chinese have to be scratching their heads wondering where the hook is? No one can be this stupid.

OMG's picture

Looks like Benny is going to trade in his helicopter for a jet.......we will have a new & improved Ben no more Helicopter Ben it will be Benney & the jets from here on out!

Hephasteus's picture

Is this from the department of "Cool Story Bro".

Coast Watcher's picture

Dumb question, but which category includes oil imports?