Doug Brignole's Iron Man Archive

Core US Factory Orders Better Than Expected In December While sentiment is sagging to multi-year lows, 'hard' data is helping support growth forecasts (GDPNOW) and holding stocks at record highs. This morning we get a fresh glimpse at America's manufacturing segment - hard data - with Orders data (which is expected to drop MoM in December). After surging higher in November (+2.7% MoM), analysts expected US Factory Orders to drop 0.6% MoM in December but the actual print disappointed, dropping 0.7% MoM Source: Bloomberg Interestingly, Core Factory Orders rose 0.4% MoM - better than...

The US is in the process of pulling all of its roughly 1,000 troops out of Syria, which is expected to take about two months, The Wall Street Journal reported on Wednesday. Earlier this month, the US pulled out of the Al Tanf Garrison, a base in southern Syria near the borders of Iraq and […]

An Iranian drone attack on a hotel in Bahrain injured at least two US Department of War employees, The Washington Post reported on Monday, citing a State Department diplomatic cable. “Two US DOW personnel were injured,” the cable said. No other details were included in the cable, and it’s unclear whether the personnel were military […]