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B4 The Bell Humpday


Guest yobob1

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Jam time?

 

U.S. Dec. factory orders stronger than expected By Rex Nutting

WASHINGTON (CBS.MW) - A slump in capital spending in December that was reported last week was revised away by more complete data released by the Commerce Department on Wednesday. Rather than falling 0.4 percent as previously estimated, core capital goods orders increased 0.8 percent in December, the government agency said. The new data show that orders for durable goods increased 0.3 percent in December, revised from last week's estimated 0.1 percent drop. Total orders to U.S. factories rose 1.1 percent, a little stronger than the expected 0.7 percent increase. Nondurable goods orders rose 2 percent

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New govt. Manufacturing numbers better than expected...no we'll see if they have any credibility left...I doubt it.

 

Better than expected jobs numbers on Friday already priced in...Ten Year Yield will spike north on Friday

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