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Feb 23, 2026 / Tyler Durden
Core US Factory Orders Better Than Expected In December
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...
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Mar 10, 2026 / Jonathan Newman
Why Forcing Data Centers to Generate Their Own Power Won’t Lower Utility Bills
Forcing AI companies to provide their own power doesn’t get at the root of the issue, which is that the resources we use to generate electricity are scarce.
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Feb 17, 2026 / P.Ian Szwajca
Freedom at the Extremes: Why Liberty Attracts Both the Brilliant and the Plain
Why does such a strong love of freedom appear both among towering intellects and among those of far more modest cognitive means?
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