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Economic Numbers Mixed, Futures Stronger
Wednesday, November 24, 2010 - 9:37am | 124Read More...The slew of economic numbers that were released were mixed, with jobless claims much better than expected and durable goods missed estimates by a mile. Jobless claims for the week ending 11/20 came in at 407,000, better than the 435,000 that economists expected. Continuing claims came in at 4.182...
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Durable Goods Mixed Bag, Futures Slightly Weaker
Wednesday, October 27, 2010 - 8:36am | 69Read More...Durable goods for September were just released, and the headline number was better than expected. September durable goods rose 3.3% versus expectations of 1.8%. Excluding transports were much worse, coming in at -0.8% versus expectations of a rise of 0.2%. August was revised to -1.0%, down from -...
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Durable Goods MUCH Better Than Expected
Friday, September 24, 2010 - 8:34am | 88Read More...Durable goods were just released, and the results came in much better than expected. Durable goods for the month of August came in at -1.3%, better than the -1.4% economists had expected. Stripping out transportation, durable goods rose 2.0%, significantly higher than the 0.6% economists expected....
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Simon & Garfunkel Became Economists-- At Least They Did This Morning
Wednesday, August 25, 2010 - 8:50am | 301Read More...Yes, you read that right. Simon & Garfunkel are now economists. Well, at least their hit song "Sound of Silence" is the theme of the bulls this morning, as durable goods missed expectations by a wide margin. Durable goods for July were expected to show a rise of 3.0%, and ex-transportation...
