Saturday, December 13, 2014

The French Fry

The following chart shows the 4-month moving average of U.S. annual import growth from France.

Click to enlarge.

December 12, 2014
Fitch downgrades France ratings to 'AA'

The outlook on France’s long-term rating is now stable, Fitch said.

Stable? Over the long-term? Good luck on that.

Source Data:
St. Louis Fed: Custom Chart

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