The following chart shows employee hours worked in durable goods divided by employee hours worked in nondurable goods. I'm looking for signs of excess.
Click to enlarge.
I can't speak for you, but I see plenty.
Source Data:
BLS: Employment
Monday Night Futures
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Tuesday:
• No major economic releases scheduled.
From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are up 32 and DOW
futures are up 225 (fair value).
2 hours ago
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