Bill Cheney Quotes
With the U.S. slowdown looking more real each day, the trade deficit may have passed its peak. The slowdown hadn't hit full force yet in October. U.S. consumers are still sucking in massive amounts of imports. The slowdown will be more clearly seen in November and December's figures. If imported goods start to pile up on retailers' shelves this holiday season, imports could drop off fast. 
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Slowdown | Real | Trade | Deficit | Passed |
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The inflation threat has receded yet again. I can't see the Fed moving now at least until early next year. They have almost no evidence of inflationary pressures and there are hints that the economy finally is slowing.
- Bill Cheney
