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Durable Goods: Not Strong, But Not So Weak
December durable goods fall unexpectedly, dropping 4.3% (Consensus: +1.7%; Decision Economics: +2.0%), from a November level revised down by 0.8%. Even apart from normally volatile sectors, the tone is soft, but not disastrously so, and will not change minds at the Fed.
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Research Studies
DE | Sinai Economic and Market Perspectives | Seeds of A Sovereign Debt Crisis Planted – 02/03/21
Seeds of A Sovereign Debt Crisis Planted Allen Sinai* The U.S. and Global economies have undergone a fiscal/debt revolution of huge import from which there will be no turning away! The main catalysts are the read more
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