🇺🇸 LAST 🇺🇸

📉 The U.S. trade deficit fell to -$29.4B in October, the lowest level since 2009 and significantly below expectations.

👀 Why does it matter?

▪️Less inflationary pressure

▪️Improves the macro outlook

▪️Gives more room to the Fed

▪️Positive for stocks and #Bitcoin

📍A quiet but powerful signal for the markets.

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