Friday, August 7, 2015

Core-Capex Orders are plunging...ANOTHER PESKY FACT!

Core-Capex Orders are plunging...

Paul McCulley, the former economist from PIMCO, used the following 3-month average of the annual change in core capex orders as a preferred indicator of the broader economy and how it would fare in the next few quarters ahead.

Core-Capex-3Mo-AnnChg-080515

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