] Overlooked in yesterday's Oil-a-palooza was March's data
] on Durable Goods. To say the least, the number stunk the
] joint up. I expect there is a ways to go before we are in
] danger of a recession --like 12 to 18 months, this number
] merely confirms our prior expectations of fading stimulus
] in the post-bubble environment.

The Big Picture: Durable Goods: Bleech