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2021-08-03

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US Factory Orders Top 2018 Highs, Despite Tumbling ISM

(Aug 3) Despite a notably weak print for ISM's Manufacturing survey (at 2021 lows), analysts expecte

US Factory Orders Top 2018 Highs, Despite Tumbling ISM

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Thanks","highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/807389321","repostId":1184642734,"repostType":4,"repost":{"id":"1184642734","kind":"news","pubTimestamp":1627999990,"share":"https://www.laohu8.com/m/news/1184642734?lang=&edition=full","pubTime":"2021-08-03 22:13","market":"us","language":"en","title":"US Factory Orders Top 2018 Highs, Despite Tumbling ISM","url":"https://stock-news.laohu8.com/highlight/detail?id=1184642734","media":"zerohedge","summary":"(Aug 3) Despite a notably weak print for ISM's Manufacturing survey (at 2021 lows), analysts expecte","content":"<p>(Aug&nbsp;3)&nbsp;Despite a notably weak print for ISM's Manufacturing survey (at 2021 lows), analysts expected US Factory orders to continue their rebound back near 2018's record highs, and they did, rising 1.5% MoM, better than the 1.0% increase expected.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f428881ba2d140bd04f6d5fec2f02f46\" tg-width=\"979\" tg-height=\"566\" width=\"100%\" height=\"auto\"><span>Source: Bloomberg</span></p>\n<p><b>That is the 13th monthly increase of the last 14 and puts Factory orders back at their 2018 highs.</b></p>\n<p>The final print for durable goods orders in June were slightly better than expected and improved over the month.</p>\n<p>Finally, just like we saw in Q2 2018, survey data appears to be signaling something not so positive for US factory orders going forward...</p>\n<p><img src=\"https://static.tigerbbs.com/4150df7f625f92e68cd729cbf4044c0c\" tg-width=\"979\" tg-height=\"562\" width=\"100%\" height=\"auto\"></p>\n<p><i>Source: Bloomberg</i></p>\n<p>Unless, of course, we get another few trillion in Washington largesse washing around the nation's crony capitalists.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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US Factory Orders Top 2018 Highs, Despite Tumbling ISM

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