Durable good purchases are a sign that businesses are getting ready to grow. Those orders were up three percent in December, beating analysts expectations. We’re seeing other economic “green shoots” as well, including falling unemployment, rising consumer sentiment and increases in manufacturing. Some would say you have all the makings of a country on a path to recovery. Really? Doug Roberts from Channel Capital Research tells us how he distinguishes the truth from the hype. And the Daily Pulse was down today on news that only 23 percent of Americans say they trust the U.S. financial system.
Durable good purchases are a sign that businesses are getting ready to grow. Those orders were up three percent in December, beating analysts expectations. We’re seeing other economic “green shoots” as well, including falling unemployment, rising consumer sentiment and increases in manufacturing. Some would say you have all the makings of a country on a path to recovery. Really? Doug Roberts from Channel Capital Research tells us how he distinguishes the truth from the hype. And the Daily Pulse was down today on news that only 23 percent of Americans say they trust the U.S. financial system.
