On the SPOT blog (02/27/2023) [L..]

Today's economic news showed that durable goods sales fell quite a bit in January. These include "long lasting" goods such as appliances, vehicles etc. Perhaps this implies that consumers put brakes on buying big ticker items as the inflationary pressures mount. This might imply a point for fight against inflation as manufacturers might have drop prices (speculating). This could be the reason why at the time of writing this blog (morning PST), all three major US indices are in the green. Remains to be seen if this color holds into the finish after one of the worst weeks for stocks this year.

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