DURABLE GOODS VS THE S&P 500

Good chart here showing the correlation between the S&P 500 and durable goods.  After yesterday’s 5.2% decline in orders I think it’s safe to say that the market is unlikely to make a major move to the upside any time soon.

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About Post Author

Cullen Roche

Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds. Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances. He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.

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