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.
Another Warning-----Durable Goods Orders
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David Stockman’s Contra Corner isn’t your typical financial tipsheet. Instead it’s an ongoing dialogue about what’s really happening in the markets… the economy… and governments… so you can understand the world around you and make better decisions for yourself.
David believes the world -- certainly the United States -- is at a great inflection point in human history. The massive credit inflation of the last three decades has reached its apogee and is now going to splatter spectacularly.
This will have lasting ramifications on how governments tax and regulate you… the type of work you and your family members will have available and what you get paid… the value of your nest egg… and all other areas comprising your quality of life.