Comment: Strong incoming orders for durable goods, but weakened inflation rate from the US Federal Reserve.
According to a report from stock3.com, there is a mixed picture of the US economy. New orders for durable goods rose sharply, while the Fed's preferred measure of inflation continued to weaken. Core PCE inflation fell to 3.2% in November from 3.5% in October. At the same time, orders received for durable goods rose by 5.4% in November compared to the previous month, which was well above expectations. The “Goldilocks scenario” for the US economy appears to remain intact. The stock futures reacted to the data briefly with price losses, but were then able to gain significantly again. Treasury yields also rose to a new...

Comment: Strong incoming orders for durable goods, but weakened inflation rate from the US Federal Reserve.
According to a report by stock3.com, there is a mixed picture of the US economy. New orders for durable goods rose sharply, while the Fed's preferred measure of inflation continued to weaken. Core PCE inflation fell to 3.2% in November from 3.5% in October. At the same time, orders received for durable goods rose by 5.4% in November compared to the previous month, which was well above expectations. The “Goldilocks scenario” for the US economy appears to remain intact. The stock futures reacted to the data briefly with price losses, but were then able to gain significantly again. Government bond yields also rose to a new intraday high.
The strength of durable goods orders suggests a robust economy, which can be positive for the US market. However, weaker inflation could become a challenge as the Fed may struggle to achieve its price stability objectives.
The market impact could be a continuation of volatile stock prices and rising Treasury yields as investors react to the mixed economic signals. However, further developments depend heavily on the Fed's reaction and future economic data. Overall, the mixed news situation points to potential uncertainties and opportunities for investors.
Read the source article at stock3.com