While headline factory orders rose 0.7% MoM (as expected), ex-transports, it rose just 0.4% in June (admittedly the 12th monthly rise in a row). Final durable goods data was all revised lower on the month.
" You’ve been had and conned by your media - all of them - and your politicians, for many many years, Britain. Your problems won’t vanish until you open your eyes. And cheering a blimp is just another way to prevent you from opening them."
"We agreed to the denuclearization of North Korea. China, on the other hand, may be exerting negative pressure on a deal because of our posture on Chinese Trade-Hope Not!"