Share
Announced last night US durable goods orders for December dropped 3.4% after being expected to rise. That's right. Dropped.
In addition, November durable goods orders were revised down and so dropped 2.1%.
This is NOT an economy growing 4% to 5% as the unthinking are being led to believe!
Despite all the bullish propaganda the US economy stinks and is most likely in a recession/depression right now imo.
It's only a matter of time before we have a major implosion and the Fed again "comes to the rescue" imo.
