The US Dollar: From Exceptional To Average?

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...

Illinois Sued Over Allegedly Using Race As A Factor In Congressional Map Authored by Troy Myers via The Epoch Times, A public interest law firm announced Monday it was suing Illinois over its use of race in drawing congressional maps. The lawsuit accuses the state of violating the 15th Amendment, which prohibits government from denying a citizen the right to vote based on race, and the Voting Rights Act of 1965 in light of a recent Supreme Court ruling, which found district boundaries drawn primarily with racial considerations are unconstitutional. The Public Interest...