Lower Inflation Worsens The Outlook For Stocks


Welcome to The Observatory. The Observatory is how we at Prometheus monitor the evolution of both the economy and financial markets in real-time. Here are the top developments that stand out to us:

i. New Orders data suggest sustained business demand for manufacturing but also reflects inflationary pressures. Durable goods orders are often seen as a leading indicator of economic activity, as the private sector increases demand for durable goods when the economic outlook is strong.

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