
This Time Japan Dropped a Bomb on Us - Ep 863
The Peter Schiff Show Podcast
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The durable goods orders for November came out at minus 2.1, more than twice as week as expected and in fact they revised down the prior month from the original up 1% to up just.7%. Also the Kansas City Manufacturing Index was minus 9. It was minus 6 in November. So the manufacturing sector continues to be weak. The Fed is now the closest I've ever seen it to acknowledging that a recession is coming by claiming that the Fed has no idea if a recession is Coming.
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