Media Summary: Bernard Hickey details the key news overnight in Indications the giant American economy may be quickly running out of momentum. The latest data for durable goods orders in the US for July have delivered mixed results, and at first look somewhat weak.
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Bernard Hickey details the key news overnight in Indications the giant American economy may be quickly running out of momentum. The latest data for durable goods orders in the US for July have delivered mixed results, and at first look somewhat weak. The first world economies seem to be expanding at a very good clip. Read the full story here: ... Upbeat US data for durable goods and confidence powers S&P500 up. Factory surveys still positive. Gold falls sharply to 4 mth ... American consumer spending fell in February as households used the gains from lower petrol prices to increase savings to their ...
