More signs the economy is in trouble
Orders for durable consumer goods keep sinking (see above chart). This is not what happens when the economy strengthens and the Fed needs to tighten.
It is one of the main reasons commodities are weak and profits are growing slowly.
These data are updated regularly for our subscribers. They tell them what to do and how to approach the stock market.
You will encourage me to update this blog with my assessment of what is happening to the economy and financial markets by entering a subscription to The Peter Dag Portfolio.
Thank for visiting this site.
George Dagnino, PhD
Editor, The Peter Dag Portfolio
Author, Profiting in Bull and Bear Markets
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