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The Great Divergence- Orders Not So Durable As Stock Prices Bubble

“U.S. factories reported flat demand for big-ticket goods in August, suggesting the economy continues to be restrained by sluggish business spending,” reported The Wall Street Journal. They got that right (for a change)! In the stock market game of pin the tail on the number, the Journal pointed out that the economists it surveyed had,… The post The Great Divergence- Orders Not So Durable As Stock Prices Bubble was originally published at The Wall Street Examiner.
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U.S. factories saw slightly fewer orders for big-ticket manufactured goods in August, with a decline in aircraft orders accounting for the modest slip. Orders for durable goods were nearly flat … Click to Continue »


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