3-6-2023 – U.S. Factory Orders Decline
The Institute for Supply Management reported last week that manufacturing, which accounts for 11.3% of the economy, contracted for a fourth straight month in February.
(With the Federal Reserve expected to keep hiking interest rates into summer, a swift turnaround in manufacturing is, however, unlikely.)
Today's Stocks & Topics: Robotics, Blackstone REIT, Credit Cards, IIPR - Innovative Industrial Properties Inc., DIV - Global X Super Dividend U.S. ETF, DIS - Walt Disney Co., GOOG - Alphabet Inc. Cl C, AMZN - Amazon.com Inc., Treasury Bills, CRLBF - Cresco Labs Inc., BKE - Buckle Inc., FIPDX - Fidelity Inflation-Protected Bond Index Fund.
Justin's PERSPECTIVE looks at the price history of crude oil and the potential lessons for investors.
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