Thursday, August 02, 2007

Factory Orders Out Today

Weak orders, weak durables, weak technology, weak capital equipment. Need I say more? Is the continued weakness in capital equipment that is consistent with the trend since 2000 enough to quiet those saying we are going to see a pick up again? You can wish for anything but you'd be better off wishing for the winning lottery ticket. FYI, I've tried that. As much as I would prefer otherwise, it doesn't work.
posted by TimingLogic at 10:25 AM