durable goods orders

jsl

increase mainly due to nondefense aircrafts and parts.
electronics and communication equipments got a boost.

inventories continue to shrink, a sign of lacking confidence, but inventory restocking will jump start the economy when the time comes.

positives: metals up.

negative: no improvement from order backlogs.

we will see two important numbers tomorrow. GDP and jobless claims.

GDP expectations seems to be low.

金牛银熊

CoolMax

zhyangi