Trade Deficit Balloons on AI Imports as the Fed Rewires Bank Oversight
The U.S. trade deficit jumps to $105.6 billion on an AI-driven import surge, cutting into Q3 GDP forecasts. Plus, the Fed unveils a major overhaul of bank supervision following the SVB collapse review, and a new survey finds the confidence gap between investors and everyone else at a record high. In this episode: • U.S. trade deficit widens to $105.6 billion, the largest since March 2025 — https://www.cnbc.com/2026/10/06/trade-deficit-hits-105point6-billion-widest-since-just-before-trump-tariffs-enacted-last-year.html • Federal Reserve plans major overhaul of its bank supervision model —…
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