New orders for manufactured durable goods in July were $226.6 billion, a 7.3% decrease from June’s $244.4 billion. This decrease follows three consecutive monthly increases.
Durable goods orders are now down 0.9% year over year, a sharp change from last month when they were up 10.4% Y/Y.
Half Moon Capital Returns 12.2% In 2020 Despite Short Position Drag
Eric DeLamarter's Half Moon Capital produced a return of 8% net of fees in the fourth quarter of 2020, bringing the full-year return to 12.2%, according to a copy of its fourth-quarter letter, which ValueWalk has been able to review. The fund maintained an average net exposure of 45% during the period. Q4 2020 hedge Read More