Bubble Bursting Alert: Stocks Are At “Eye-Popping Levels”, US Factory Orders Drop Adds to Slowdown Concern, China Bear Stearns Moment Seen by BofA in Solar Default

Thursday, March 6, 2014
By Paul Martin

March 6th, 2014

Factory Orders Miss 3rd Month In A Row As Inventories Hit Record High

For the 3rd month in a row, US Factory Orders missed expectations with a major downward revision to December’s data (-2%) and has fallen two months in a row. Inventories continue to rise – up nine of the last ten months to the highest level since records began. Better just hope for all that pent-up demand to flood back or we have a problem.

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