We expect the trade channel to be a major part of the 2021 growth narrative as the Biden administration mends fences with the major American trade partners, excluding China, early next year. In fact, one can already observe the stirring in animal spirits in the global economy as the nascent ... READ MORE >
imports
Global trade recovery: Imports at seaports rise, but exports are still in shock
Activity at North American seaports picked up over the summer, showing gains for the third straight month and indicating that the nascent recovery in the economy is underway. Make no mistake: The global growth channel will be an important engine of activity early in the recovery and the United ... READ MORE >