Call It A Trumpian Boom, If You Must—-Looks More Like A Recession Calling From Here

By David Stockman

Ooops! Q4 GDP Growth Outlook Slumps To 1.4%

New orders for key U.S.-made capital goods unexpectedly fell in December amid declining demand for machinery and primary metals, pointing to a sustained slowdown in business spending on equipment that could further crimp economic growth.