Durable goods beat by a mile, up 16.7%. Clearly skewed by probably aircraft orders.
GDP missed badly. -0.5% vs estimates of -0.2% – drifting further into recession.
Weekly jobless claims beat -235 vs. estimates of -245.
The Fed has no excuse for not cutting. None.
The dollar is still weak and the 10 yr. inching down to 4.27%
What do WE get? Suckitude in pm’s. Crimex has things well under control at the moment.
Quiet around here. I’ll step off for a while myself. Enjoy the day all.
