🇺🇸 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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