(12PressRelease.com) With the U.S. trade shortage still at an alarming $38.2 billion dollars, funds like the GHF Group short treasury hedge fund has enjoyed its 14th straight month of gains.
According to the United States Department of Commerce, the difference between the nation's imports and exports narrowed slightly ($100 million) from the previous month. This report came as a surprise leading into a key meeting between President Obama and Chinese President Hu Jintao later this month. Economists had expected more alarming data, with the U.S. deficit increasing to $40.7 billion.
Since the start of the recession, trade imbalances have driven a separation between the two countries, as China amasses a huge trade surplus and the U.S. struggles to stimulate exports. Meanwhile, the U.S. economy is crawling along at a rate of 2.5%, while China is racing ahead at 9.8%. While recent statistics may imply both countries are starting to move in the right direction, economists still note the imbalance between the two countries is big enough to make global trade a tense topic during the coming meetings.
In November, U.S. exports and imports both increased evenly. Exports totaled $160 billion in November, up $1.1 billion from the month before, and imports totaled $197 billion, up $1.2 billion from October. The U.S. data comes just four days after an unexpected announcement from Chinese officials that China's trade surplus narrowed to $13 billion in December, down from $23 billion the month before.
Global Hedge Fund Group Ltd. (GHF Group) has been developing customized alternative investment solutions and providing corresponding advisory services since 2000. Our priority lies with hedge funds and private equity. GHF Group has also become a leader in providing funds in the life settlement industry. All products are designed to provide sustainable and above-average rates of return. Instability and risk are reduced by well-structured investment strategies whose clarity and success are established. Our team of competent professionals has the distinction of reliability, effectiveness and promptness. GHF Group's expertise in hedge funds is enhanced by a close association with leading research firms, successful hedge fund managers, and brokerage houses whose macro research gives its research team an edge in understanding world market trends, enabling them to make better hedge-fund allocation decisions. For more information, visit Global Hedge Fund Group‘s website at ghfgroup.net.
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