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On the SPOT™ blog (09/27/2023) [S..]

Writer's picture: Salyl BhagwatSalyl Bhagwat

There was some good news this morning that orders for longer lasting goods (such as appliances, cars etc.) rose slightly in August compared to a substantial decline in July. The number was better than estimated. The lingering concerns related to high treasury yields, rising oil prices and approaching deadline for government shutdown have persisted and all three major US indices are in the red this morning (PST).

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