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U.S. Business-Equipment Orders Rebound in Best Gain Since July
Orders placed with U.S. factories for business equipment rose by the most in eight months in March as a broader measure also saw surprising strength, signs corporate investment is regaining its footing despite trade war uncertainty. A proxy for business investment -- non-military capital goods orders excluding aircraft -- rose 1.3 percent after the prior month was revised to a gain from a loss, according to Commerce Department figures Thursday that topped all estimates in Bloomberg's survey. The broader measure of bookings for all durable goods, or items meant to last at least three years, rose 2.7 percent, a ... (full story)
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The coincidental success is more dangerous than the expected failure
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Everyone can see the chart, but only a few can actually read it.
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