Don’s Notebook June 6, 2018


Today’s International Trade report for April from the US Department of Commerce offers details on the first tariff effects.

  • Overall, exports rose 0.3 percent in the month to $221.2 billion with goods, led by a gain for industrial supplies and also food, up 0.2 percent at $141.3 billion and despite a 0.1 percent slip in service exports which totaled $70 billion.
  • Imports fell 0.2 percent with goods, reflecting pull back in cellphone imports, down 0.3 percent to $209.5 billion and services up 0.6 percent to $47.9 billion.

Overnight, the MSCI Asia Pacific Index rose 0.4 percent, while Japan’s Topix index closed 0.2 percent higher, a fifth consecutive daily gain, spurred by the weaker yen.

In Europe, the Stoxx 600 Index closed 0.58 percent lower with most sectors moving into negative territory. Italy’s FTSE MIB fell more than 0.3 percent.

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Dr. Don Pratl is Director of Trader Development and Education for TradeStation. He joined TradeStation in 2016 after holding similar roles with other online brokerages. Don’s long career in the financial services industry reflects expertise in administering trading and investment strategy programs for retail investors as well as financial services professionals. Since the 1980s, he has held various positions in areas including CBOE trading floor order execution, marketing, sales, personnel management, training and customer service. Don holds series 3, 4, 7 and 63 FINRA licenses, earned his Ph.D. in Organization and Management, and his M.A. and B.A. in Political Science. He has been an occasional adjunct college instructor since 2004 at a range of institutions, teaching undergraduate, graduate and doctoral students using in-class and online formats.