Guest Post: Trade Deficit - Increase In Exports To Be Short Lived

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Submitted by Lance Roberts of StreetTalk Live,

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Fri, 11/09/2012 - 15:41 | 2965643 fonzannoon
fonzannoon's picture

Obama just mushed the market. he just made 250k the line in the sand. Anyone making more than that just decided to get paid in cash from here on out.

Fri, 11/09/2012 - 15:49 | 2965675 slaughterer
slaughterer's picture

OT: I just read through the entire JCP earnings report and SEC docs. JCP is an epic fail, and Ackman is significantl long in that turd?  More Pershing Square redemption officers will be needed soon.    JCP: another name for zombie retail going comatose.  

Fri, 11/09/2012 - 15:57 | 2965694 Kitler
Kitler's picture

Without any new money (debt) being injected into the consumer economy revenues are going start drying up.

As for increasing exports I am sure that gold to China is near the top the list. (yoy%)

Fri, 11/09/2012 - 16:17 | 2965819 tbone654
tbone654's picture

The next export is any manufacturing job, so that Obamacare worker Tax for medical coverage can be avoided.

Fri, 11/09/2012 - 16:20 | 2965837 tbone654
tbone654's picture

Stock up on hotdog carts... everyone is going to want one soon...  Everyone will be working for themselves...  EVERYONE...  NO JOBS anytime soon...  except in Government...

Fri, 11/09/2012 - 16:21 | 2965848 tbone654
tbone654's picture

The unintended concequences of this election are catastrophic for JOBS...  Duh!

Fri, 11/09/2012 - 16:24 | 2965867 tbone654
tbone654's picture

Lets really bust it and declare every company must provide 9 paid sick days per year per employee...  Oh wait, Milwaukee already did that...

And they made it mandatory that part time workers all get 6 paid sick days per year per employee, so you can't even hire them part time anymore...  28 hours or less will become the normal work week per job, but not in Milwaukee...   Or any other city in this communist country...

Fri, 11/09/2012 - 16:25 | 2965872 tbone654
tbone654's picture

so Harley-Davidson moves out of Milwaukee after a zillion years...  Template...

Fri, 11/09/2012 - 15:42 | 2965647 Tsar Pointless
Tsar Pointless's picture

Forward, bitchez!

BTW, I love how the fascists are crying about how they want to move to Canada. Right.

I have a few better, more fitting, options for them: Iran; Afghanistan; much of Africa (they hate teh gayz there, too). That would help our export numbers for quite a while.

America: Love it or leave it!

Freedom, baby!

Fri, 11/09/2012 - 15:48 | 2965672 lolmao500
lolmao500's picture

GDP needs to be stopped being used.

Fri, 11/09/2012 - 16:47 | 2966005 NidStyles
NidStyles's picture

That would make it too hard for Central Planners to convince everyone that are actually needed to prevent the world from falling apart, so they will never advocate it. Notice that right along with the Government taking over education, the use of GDP became abusively the norm. At least two generations have been subjected to that crappy useless metric.

Fri, 11/09/2012 - 15:52 | 2965693 Quinvarius
Quinvarius's picture

Eventually we will run out of gold to export.

Fri, 11/09/2012 - 16:11 | 2965776 Shizzmoney
Shizzmoney's picture

Now when we drop a bomb via a drone in Pakistan, does that count as an

Fri, 11/09/2012 - 16:23 | 2965857 Seize Mars
Seize Mars's picture

Well the bomb counts in the gdp calculation, don'tcha know.

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