Zero Hedge Blog: So Does The Spike In Chinese Exports Mean A Comparable, And GDP-Reducing, Surge In US Imports?
Posted by Anonymous on 05/11/2011
In a recent post on Zero Hedge, blog author Tyler Durden examines what the recent surge in China’s trade surplus might mean for the U.S:
“Does this mean that tomorrow US import data will surge, which by implication, will result in another steep cut to Q2 GDP? Well, logic would say yes, although the headline scanners on TV and in NYSE collocation boxes would beg to differ. Oddly enough, Citi also says yes.”
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