The headlines say the durable goods new orders declined. Our analysis agrees – and everything seemed soft. Econintersect Analysis: unadjusted new orders growth decelerated 7.1% (after accelerating a revised 0.6% the previous month) month-over-month , and is down 1.4% year-over-year.  the three month rolling average for unadjusted new orders decelerated 2.7% month-over-month, and up 3.2% year-over-year.  Year-over-Year Change of 3 Month Rolling Average –…

But, but, but… who would buy bonds when they only yield 2%? It appears, for the 10th year in a row that the smartest people in the room have been totally and utterly wrong about the direction of interest rates. As 2014 draws to a close with stocks at all-time highs and 1% of the nation cock-a-hoop…

GDP growth for the third quarter was revised higher, from 3.9% to 5.0%. But I’m viewing the numbers with a healthy dose of skepticism. I tossed out my thoughts on StockTwits this morning: The BEA’s tables dig deeper into the data. Of the 5.0% in GDP growth, 0.80% was increased government spending, and 0.78% was an increase in…

In their third estimate of the US GDP for the third quarter of 2014, the Bureau of Economic Analysis (BEA) reported that the economy was growing at an astounding +4.96% annualized rate, up an additional +1.07% from their prior estimate for the 3rd quarter and now up +0.37% from the already very healthy 4.59% annualized growth rate…

It seems like every day there is a new burger startup. Companies are springing up in this space all over the country, and they are eating into the market share of traditional burger giant McDonald’s (MCD – Analyst Report). MCD is being left in the dust by a number of upstarts that are either offering arguably better…