Anthony Chan Deficit Quotations

The trade deficit coming in a bit wider suggests growth is going to be a lot slower. It throws more support on the notion that there is more uncertainty in the short run. But that's premature speculation.

A declining deficit may be signaling a slight loss of economic growth momentum.

He's saying so far there is sufficient flexibility that we can tolerate a higher deficit than we could 10 years ago. He didn't say ignore it.