The Commerce Department said orders for manufactured goods rose 1.8 percent in February, reversing six straight monthly declines and easily beating estimates of another drop. Other economic indicators came in better than expected Wednesday, including construction spending and pending home sales.
I will be happy to speak to your investment group on how the business cycle impacts investment strategies and the choice of asset classes. To find out more about my in depth view of the markets and my strategy just visit our website https://www.peterdag.com/. You can review The Peter Dag Portfolio, free of charge of course. You can also call me at 1-800-833-2782 to discuss your specific money management needs. George Dagnino, PhD
Editor. Since 1977
1 comment:
Since commodity prices are set by worldwide supply and demand and by the relative value of the U.S. dollar, it seems too pat to assert a tight link between U.S. durable goods orders and commodity prices. In fact, the graph in your own video clip shows very weak growth in U.S. durable goods orders in the period 2007-2008 and a huge surge in commodity prices in 2008.
Post a Comment