+1.8%, September U.S. durable goods orders just came out, beating expectations of 1.4%, with a total of $345.4 billion.
But don’t just look at the headline: of the newly added $6.3 billion, $5.2 billion came from transportation equipment, accounting for 80%. Excluding transportation, it was only +0.5%.
On the eve of the decision, this data looks hot on the surface, but its core is cold. $BTC
But don’t just look at the headline: of the newly added $6.3 billion, $5.2 billion came from transportation equipment, accounting for 80%. Excluding transportation, it was only +0.5%.
On the eve of the decision, this data looks hot on the surface, but its core is cold. $BTC