First in overseas news, China stocks slump most in 2 weeks on glut of IPOs while European stocks were higher on stimulus expectations whenever Draghi drops a hint.
Durable Goods Orders soared 22.6% vs 5.1% expected & prior 2.7% BUT, ex-Transportation orders fell -08% vs0.3% exp & prior 0.2% (seriously misleading data given massive Boeing plane orders).
Case-Shiller Home Price Index fell -0.2% vs 0.1% expected & prior 1.1%. That was offset perhaps by Consumer Confidence 92.4 vs 89.5 exp & prior 90.3.
Meanwhile the Council on Foreign Affairs has chimed-in offering the idea that central banks should just give the population