Durable Goods Boosted by Jets - Real Time Insight
24 Août 2012 - 10:25AM
Zacks
Durable goods orders for July come in looking a
lot like the June numbers, with surprising strength built on
aircraft.
The headline number is +4.2%, when the consensus
expectation was closer to 2%.
But, strip out the transports component and you
get -0.4%, vs an expectation of +0.4%.
I look forward to Sheraz and John breaking down
more of the internals here and interpreting this continuation of
what appears to be weaker
fundamental trends.
SPDR-SP 500 TR (SPY): ETF Research Reports
SPDR-INDU SELS (XLI): ETF Research Reports
SPDR-TECH SELS (XLK): ETF Research Reports
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