Saturday Night Quarterback (on a Sunday) says, For the week ahead expect…
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Soft durables orders and lower guidance from Cummins show weaker U.S. economy ahead of third quarter GDP report
The government reported today that durables orders—that’s orders for long-lasting goods such as heavy machinery, truck engines, and airplanes—fell a seasonally adjusted 1.2% in September. That’s after a 3% drop in August. (The August number was a downward adjustment from the initial report of a 2.3% decline in the month.)
U.S. stocks look past two pieces of negative economic news this morning to keep on climbing
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Durables disappoint but orders backlog builds so not a big deal–yet
The headline number for durable orders (durable goods are things that last a while such as airplanes, trucks, and production equipment) for September released today showed a big jump to 3.3% growth. But the headline number isn’t as important as the 0.8% drop in durable orders minus transportation. Orders for nondefense capital goods, the stuff that companies buy so they can produce more stuff, fell by 0.6%.
U.S. businesses keep investing as if there’s no worry of a double dip
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Download Jim’s eBook for Free
