February Durable Goods Data Proves Bull Market Is Fake
ECONODAY: The manufacturing sector continues to look weak. Durables orders fell 1.4 percent in February after rebounding 2.0 percent the month before. Market expectations were for a 0.7 percent gain. Excluding transportation, the core declined 0.4 percent, following a 0.7 percent drop in January. Analysts projected a 0.3 percent gain in February...