With The Dow Jones Industrial Average trading almost 50% higher than its 2007 peak, we thought it ironic that core Industrial durable goods orders remain well below the peak in 2008, once again suggesting that it may be time to drop the "Industrial" part from the name of the famous index.
NOTE: the decoupling between stocks and the real economy began to become obvious in late 2012/early 2013 – after QE3 was announced.
via http://ift.tt/2lqReui Tyler Durden