Nouriel has already commented on the Economic Report of the President. He didn’t exactly like its international chapter. It didn’t rub me the wrong way quite as strongly - in part because I am more ...
Q3 2025 U.S. Current Account: -$226.4B vs. -$235B consensus and -$249.2B prior (revised from -$251.3B), according to data released by the U.S. Bureau of Economic Analysis on Wednesday. The 9.2% ...
Global current account balances widened by a sizable 0.6 percentage points of world GDP in 2024. When adjusted to account for the volatility around the pandemic and Russia’s war in Ukraine, the ...
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