A tale of two deficits
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Despite Trumpβs best efforts (a flurry of loosely targeted tariffs), the U.S. trade deficit is widening. But why is it widening? And what does it all have to do with foreign investment in government debt and the strength of the U.S. dollar? Weβll explain. Plus: Electric truck sales rev up amid record-high diesel prices, a 19th-century novelist popularized economic theory for her broad audience, and investors prep for upcoming Treasury auctions.
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Read the stories in todayβs episode:
- What exactly are investors looking for in this week’s government bond auctions?
- The U.S. dollar is at its strongest in 18 months
- The Regency-era novelist who popularized economics through her books
- Here’s why the trade deficit is growing
- As diesel prices soar, so do electric truck sales
- The algorithm knows you have a baby, and it will exploit that
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