Durable Goods Orders Unexpectedly Bounced In August, But… | ZeroHedge

Thanks to a large downward revision for July (from -5.2% MoM to -5.6% MoM – the largest drop since the COVID lockdowns), preliminary August durable goods orders rose a marginal 0.2% MoM (vs -0.5% MoM exp).

Source: Bloomberg

Looking under the covers, we find more noise in this time series with orders ex-transports rose 0.4% MoM (+0.2% MoM exp), thanks to a big downward revision in July (+0.4% to +0.1%).

Additionally, we note that the value of core capital goods orders, (more…)

Continue ReadingDurable Goods Orders Unexpectedly Bounced In August, But… | ZeroHedge

Trump Rages At “Deranged” NY Judge’s ‘Corporate Death Penalty’ Decision | ZeroHedge

Nazis applauded by Canada's Parliament; Chinese money sent to Joe Biden's address; CIA busted using Fauci as a COVID patsy; border crisis at max dissonance; Biden's ratings at record lows; West losing focus on Ukraine war…

If ever a 'distraction' was needed it was now… and the playbook says 'Get Trump'.

Right on cue, in a stunning decision on Tuesday, a New York State judge found – with no trial or jury – that Donald Trump, his family, and (more…)

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60% Of US Population Growth Since The Pandemic Is Age 65+ | ZeroHedge

Authored by Mike Shedlock via MishTalk.com,

Here are some interesting demographic charts that show why finding skilled workers is problematic…

Population data via a BLS download, chart by Mish.

The Civilian Noninstitutional Population consists of those age 16 and older who are not inmates and are not in the military.

The total population change is 7.58 million of which a whopping 4.52 million are in demographic age group 65 and older.

Civilian Noninstitutional (more…)

Continue Reading60% Of US Population Growth Since The Pandemic Is Age 65+ | ZeroHedge