ZERO HEDGE reports:
By Peter Tchir of Academy Securities
We Didn’t Learn a Whole Lot Last Week
Data was mixed. Unemployment claims were lower (a sign of strength), durable goods were weak, and Global PMIs were just above 50 (Goldilocks economy). While I don’t pay much attention to CONsumer CONfidence, it is interesting that one-year inflation expectations jumped from 3.2% to 4.5% in two months. That occurred while oil (often a proxy for CONsumer …
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