Independent thinking for complex markets and current events
via mishtalk: Durable good orders are always volatile, transportation is the usual culprit. But this was a huge upside surprise. Durable goods orders from the commerce department, chart by Mish. New Orders New orders for manufactured durable goods in May, up three consecutive months, increased $4.9 billion or 1.7 percent to $288.2 billion. This followed …
via redstate: Gaetz: Have you ever heard of the Washington Generals? Durham: The Washington Generals? Yes. Gaetz: And they’re the team that basically gets paid to show up and lose, right? Durham: (Laughing) I’m sure that the players who exert blood, sweat, and tears don’t view it that way, but you might. Gaetz: I think …
by DJDevine These are the consequences of decriminalizing drugs, apathy towards the homeless, sky high taxes, and ridiculous policies. In other words, this is the result of voting unchecked for what feels good instead of what IS good for your community. Thank to that and essentially outlawing conservatism of any kind, this is the result …
by Dismal-Jellyfish https://www.census.gov/manufacturing/m3/prel/pdf/s-i-o.pdf Highlights: New orders for manufactured goods in April, up four of the last five months, increased $2.6 billion or 0.4 percent to $577.5 billion, the U.S. Census Bureau reported today. This followed a 0.6 percent March increase. Shipments, down five of the last six months, decreased $2.5 billion or 0.4 percent to …