A tale of two deficits

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A tale of two deficits

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Despite Trump’s best efforts (a flurry of loosely targeted tariffs), the U.S. trade deficit is widening. But why is it widening? And what does it all have to do with foreign investment in government debt and the strength of the U.S. dollar? We’ll explain. Plus: Electric truck sales rev up amid record-high diesel prices, a 19th-century novelist popularized economic theory for her broad audience, and investors prep for upcoming Treasury auctions.
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Read the stories in today’s episode:

What exactly are investors looking for in this week's government bond auctions?
The U.S. dollar is at its strongest in 18 months
The Regency-era novelist who popularized economics through her books
Here's why the trade deficit is growing
As diesel prices soar, so do electric truck sales
The algorithm knows you have a baby, and it will exploit that

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