A Perfect Storm for Business Investment

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The Department of Commerce reported data on manufacturing orders and the news wasn’t good. jdlahart explains how this affects capital spending. WSJWhatsNow

Overall orders for durable goods — long-lasting items that run the gamut from sheet-metal to shipping containers — slipped 1.1% in September from August. A lot of that had to do with the grounding of Boeing’s troubled 737 Max.

But orders for nondefense capital goods excluding aircraft,...
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jdlahart “Full steam ahead, and damn the torpedoes”.

jdlahart 😹

jdlahart Compare this to what Ivanka claimed.

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