Posted by sbaxman111 on 5th of Jul 2016 at 10:58 am
For the 19th month in a row, US Factory Orders decline YoY (-1.2%
for May) with a 1% drop MoM. Simply put,
in 60 years of historical data, the US economy has never,
ever suffered a 19 month stretch of consecutive annual
declines...
That is interesting. I wonder of the interest rates are the
reason that market is still up despite the econ data not so good.
Also psychologically we all know that as soon as something starts
taking down market we have fed start talking like wants to do some
qe
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ZH - Factory orders decline again
Posted by sbaxman111 on 5th of Jul 2016 at 10:58 am
For the 19th month in a row, US Factory Orders decline YoY (-1.2% for May) with a 1% drop MoM. Simply put, in 60 years of historical data, the US economy has never, ever suffered a 19 month stretch of consecutive annual declines...
That is interesting. I wonder
Posted by valgata on 5th of Jul 2016 at 04:30 pm
That is interesting. I wonder of the interest rates are the reason that market is still up despite the econ data not so good. Also psychologically we all know that as soon as something starts taking down market we have fed start talking like wants to do some qe