The headline number for seasonally adjusted, nominal durable goods orders fell 4.3% in December. That was worse than the lowest guess of economists in a survey conducted by Bloomberg.
by Doug Short, Advisor Perspectives/dshort.com The University of Michigan Consumer Sentiment final number for January came in at 81.2, an increase from the 80.4 preliminary report, but below the December final of 82.5. Today’s was slightly above the Investing.com forecast of 81.0. The index is off its 85.1 interim high in July of last year.
Written by Doug Short and Steven Hansen The January 2014 Conference Board Consumer Confidence Index rebound continues. The market expected this index to come in at 77.0 to 77.5 (versus the 79.1 reported).
Age of Wisdom, Age of Foolishness (11) Written by Adam Whitehead, KeySignals.com Age of Wisdom, Age of Foolishness (10) “The American Jury is Out, But the European Jury Has Voted”[i] reported on the unfolding courtroom dramas, on both sides of the Atlantic, in relation to the verdict on the economic recovery. Last week, the American …
by Doug Short, Advisor Perspectives/dshort.com The University of Michigan Consumer Sentiment preliminary number for January came in at 80.4, a decline from the 82.5 December final. Today’s number is lower than the Investing.com forecast of 83.5. The index is now 4.7 points below its interim high in July of last year.