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Jul 26 2019

The BH Ratio (not to be confused with the BS Ratio?)

  • Jul 26, 2019

Despite a widespread impression that business confidence is declining under the weight of ongoing global uncertainties, it was reported yesterday that, after being flat for almost a year, new orders for nondefense ex-air capital goods (core business capital goods spending) rose to a new recovery high in June. 

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James Paulsen / Chief Investment Strategist

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