...this month, we have seen more than two negative surprises for every upside surprise....So far this quarter. core capex orders are running at a weak -5.2% annual rate and core shipments are off 3.3%. It is tough to see how real GDP growth does little better than a 1.5-2.0% pace for Q1.
* "Everything is proceeding as I have foreseen"
No comments:
Post a Comment