The Traderszone Network

Published in TZ Latest News 2 July, 2014 by The TZ Newswire Staff

Factory Orders Drop Most Since Jan; Inventories Surge Most Since Oct 2011

The post-weather rebound is over. Factory Orders, which were expected to fal lmodestly, dropped 0.5% – the biggest drop and biggest miss since January. On the flip side, if you were wondering where the recent data (survey) exuberance has come from… wonder no more – inventories in May rose 0.8% – the biggest rise since Oct 2011. More mal-investment-driven exuberance – if only wages were up? Oh, wait – subprime credit is soaring so that will take care of it.


Factory Orders have stalled the recovery.. falling back as bad as in January

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