Durable goods orders, private payrolls

Summary:
Familiar pattern, up a bit but still depressedWhat the President has been doing is expressing thesemoves up from the collapse in percentage terms, thenstating the percentage gains are the largest ever, as indicationsthat the economy is booming, etc.It’s either shameless spinning, or, worse, he actually believesit…

Topics:
WARREN MOSLER considers the following as important: Economic Releases

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WARREN MOSLER writes Consumer sentiment, real retail sales, industrial production, wages

WARREN MOSLER writes New manufacturers orders, vehicle sales, unemployment claims, rents, oil prices

WARREN MOSLER writes Saudi price hike, private payrolls, new hires, corporate profits

WARREN MOSLER writes Pending home sales, Durable goods orders, oil rigs and production