For the 22nd straight month, US durable goods order (ex-transportation) declined on a year-over-year basis in October. This is the longest non-recessionary streak in US history bar none.
But it’s probably nothing, because this was pre-election and since then everything (survey-wise) has been soaring… we are yet to see “hard data” items.
via http://ift.tt/2gMD5IK Tyler Durden