Shocks & Surprises Weekly Espresso

Shocks & Surprises Espresso selects for closer inspection those bits of economic news which not only came in significantly stronger or weaker than expected, but also did so for what I think are interesting reasons.

This week I'm looking at:

• the blowout in November's US trade deficit (is all as it seems?) and 
• China's bank lending / aggregate financing numbers for December. 

If you would like to receive a copy, please drop me a line at michael.taylor@coldwatereconomics.com