New orders for manufactured durable goods in August increased $0.3 billion or 0.1% to $224.9 billion, the U.S. Census Bureau reports. This follows a 8.1% decrease in July.
Excluding transportation, new orders decreased 0.1%. Excluding defense, new orders
Durable goods orders are up 13.2% from August 2012, but this is only because last August was an unusually weak month. From September 2012, new orders for durable goods are up 3.7%.
Many famous hedge fund managers engage in philanthropy, often through their own foundations. Leon Cooperman of Omega Advisors founded his foundation with his wife Toby, and he invested the foundation's funds into many hedge funds and other assets. Q3 2021 hedge fund letters, conferences and more Here are Leon Cooperman's favorite hedge funds based on Read More