Durable Goods Numbers Paint A Nervous PictureHarrison Roger
For the first time in a while, the market almost completely ignored the durable goods figures released today; instead favoring a discussion surrounding technology stocks (King/Box/Facebook/Oculus).
The lack of attention focused towards a key component of the GDP figure largely stems from two reasons.
First, the numbers themselves weren’t that interesting, with the broad Durable Goods number coming in at +2.2% on a M/M basis and the less volatile Durable . . .
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