Durable-goods orders post biggest gain in 11 years, but it doesn't mean the economy is speeding up

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  Posted by Two Blokes Jun 26 - Filed in General - #TwoBlokesTrading  - 3 views
  
  Orders for long-lasting goods skyrocketed 16% in May to mark the biggest increase in 11 years, but the headline number was exaggerated by a flush of new Boeing contracts that masked ongoing weakness in business investment.