“Shadow Of The Crisis Has Not Passed”: Durables Goods Orders Collapse

“Shadow Of The Crisis Has Not Passed”: Durables Goods Orders Collapse (ZeroHedge, Jan 27, 2015):

Following November’s across the board ugliness in Durable Goods data, the hockey-stick extrapolators all positioned for the bounce back… Only 1 of 57 economists expected a negative print! But the actual data was a total disaster. Against expectations of a 0.3% rise (following last month’s 0.7% drop), December printed down 3.4% and November was revised drasticaly lower to down 2.1%. This is the lowest durable goods ex-transports since March.

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