Hans Olsen
Hans Olsen
factory good spot today
The only good spot today was factory orders.
assign drag hard likely market meaning noise number obvious overlook separating trend
It's obvious that the hurricanes will drag this number down, and because of that, separating the trend from the noise is going to be hard. When it's hard to assign a meaning to this number, the market will likely just overlook it.
inflation leads push supplies
It all leads to the idea that inflation isn't so bad. That supplies some push for the market.
ask durable later stand
This really is an impressively durable market, but there's so much more to come later in the week. Ask me later in the week, and we'll see where we stand then.