The Durable Goods Orders report is another data series sending a stark warning to investors. That warning not apparent in the headline numbers or mainstream media reports. This post will show you the real data and the danger it portrays. That will enable you to preserve your capital in the massive stock market adjustment that’s just over the horizon. We can’t see it yet, but it’s there.
Read the rest of this post and all of my Daily Data Dives at David Stockman’s Contra Corner. Register here to get full access to Contra Corner, including not only my Daily Data Dives, but also David Stockman’s daily insights on the US economy, geopolitics, and the financial markets. These reports are only available there, so please sign up and get a copy of David Stockman’s latest book, Trumped – A Nation on the Brink of Ruin and How To Bring It Back.
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