No. 835: August 2016 New Orders for Durable Goods, New- and Existing-Home Sales, FOMC
FOMC Rate-Hike Canard Remained Consistent with
Dollar and Gold-Market Manipulations and a
Post-Election Crisis that Could Revive Quantitative Easing
Economic Activity Remains far from Recovery
Third-Quarter Durable Goods Orders on Track for Year-to-Year Decline,
Both Before and After Adjustment for Inflation and Commercial Aircraft
August Home Sales (New and Existing) Declined in the Month,
Amidst Unstable Reporting, with Smoothed Activity
Continuing in Broad, Non-Recovering Stagnation