Not a surprise (user search)
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  Not a surprise (search mode)
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Author Topic: Not a surprise  (Read 566 times)
CARLHAYDEN
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Posts: 10,638


Political Matrix
E: 1.38, S: -0.51
« on: June 04, 2012, 01:10:47 PM »
US Factory Orders Post Surprise Fall in April

Published: Monday, 4 Jun 2012

By: Reuters
            
New orders for U.S. factory goods fell in April for the third time in four months as demand slipped for everything from cars and machinery to computers, the latest worrisome sign for the economic recovery.

http://www.cnbc.com/id/47674033

Since it’s the third time in four months it really shouldn’t be a “surprise.”  But then, having used up the term "unexpected," they are now using the term "surprise."
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CARLHAYDEN
Atlas Icon
*****
Posts: 10,638


Political Matrix
E: 1.38, S: -0.51
« Reply #1 on: June 05, 2012, 01:20:39 PM »
Quote from: red's wet dream on June 04, 2012, 07:57:52 PM
It's because the dollar has strengthened vs. the euro and because we're likely seeing a double-dip recession.  There's declining nominal wealth as home prices fall even as inflation is rising (causing the real decline in wealth to progress even more rapidly), even as extremely high barriers to entry prevent new marketplace entrants from taking the place (and rehiring the workforce) of former established players who went bust or downsized during the crash.

Pretty good explanation.

Why the red Avatar?  Trying to fit in with the moderators here?
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