Is a Falling Deficit Further Proof of Recession?

by Peter Schiff, Schiff Gold: The June trade deficit fell for a fourth straight month to -$79.6B. While the deficit continues to drop from all-time highs, it is still larger than any single month before 2022. June eclipsed December 2021 by $750M. December was a new record at the time, so the current deficit should […]