U.S. Trade Deficit Widens Another $8.2 Billion and Durable Goods Orders Decline



Orders for durable goods, big-ticket items that are meant to last over three years, have fallen 0.4% in September, the first decline since April of this year. This comes amid continuing labor shortages and increased material costs. General Motors and Boeing Co. specifically have felt the brunt of the supply chain issues with the releases of their quarterly earnings today, demonstrating less than stellar reports. The U.S. trade deficit also widened another 9.2%, equating to an additional $8.2 billion deficit. Real Vision Daily Briefing viewers are in for a treat as both Darius Dale, founder and CEO of 42 Macro, and Peter Boockvar, CIO of Bleakley Advisory Group and editor of The Boock Report, come together to discuss the macro variables impacting the economy. Interviewed by Ash Bennington. Want to submit questions? Drop them right here on the Exchange:

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U.S. Trade Deficit Widens Another $8.2 Billion and Durable Goods Orders Decline

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30 comments

  1. The problem with physical gold (silver, and platnium) is the outrageous premiums the so called brokers steal from the buyers and sellers. Crypto is the same. Look at the premium coinbase takes on trades.

  2. Respect Darius' methodological approach. But not impressed by his denial of his prior deflationary view, nor his twisted excuse of saying "he's been in the transitory camp in the sense of the rate of change…" – did anyone ever believe the rate of inflation increase is not transitory?

  3. You better recalculate after too
    today. $450000 for every illegal alien coming in. Passed by your lawmakers, most who don't pay taxes. I sure hope I got this wrong.

    n. Paid by out tax dollars.I

  4. Great video , I have a quick question. I am an aspiring trader, I am looking study some traders and earn off their expertise rather than investing myself and lose money emotionally. Whats your take on copy trading? Do people really make money? Just looking for some reassurance.
    Thank you!

  5. Learn basic chemistry. Gold and silver are elements that have unique chemical properties that make them valuable and for which new technologies increasingly depend. Gold is a lustrous inert element on which quantum computers and medical nanoparticles depend. Silver is by far the best known conductor and is in nearly all electronics, not to mention solar technology. It was not by accident that nearly all civilizations throughout history independently came to value both. Scientists and engineers are increasingly discovering why because of these metals' properties. As for the economy, all major central banks hold gold and are hoarding more. Cryptos are for providing liquidity but are frankly inherently valueless, except as a technology stock. Only fools deny PHYSICAL REALITY

  6. We used horses for thousands of years!!!! Not all the horse are dead, just because we use cars now Gold will be around for another thousand years…..

    FOR jewelry, and electronics!!!!!!

  7. 13 years…not replacing 100s of years…so like FBOOK vs NYTimes….DUHHHHHHHHHHH Check the reach. That's the STINK of STALE…or just stink of your POLO. Long LIVE POLO!

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