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Tim Travis
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Tim Travis is a veteran deep value investor and money manager. Travis has extensive experience in traditional investments such as stocks and bonds, in addition to having a unique methodology of combining options and distressed investing with value investing to generate income, reduce risk, and... More
My company:
T&T Capital Management
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T&T Capital Management Blog
  • Drop In U.S. Durable Goods Orders Masks Investment Gain: Economy-Bloomberg 0 comments
    Apr 25, 2012 11:15 AM

    While the headline number on durable goods was not very positive this morning, it was distorted by a decrease in government spending on aircraft. Excluding that the numbers were up primarily on strength in the automotive sector. While economic data has not been as positive as the data earlier in the year the economy is still making headway. The U.S. really needs housing to stabilize which could stoke employment and consumer spending. Europe and China aren't likely to be helpers and that is significant which is why I wouldn't suggest investing in companies that require huge numbers out of those regions to meet their growth targets.

    http://www.bloomberg.com/news/2012-04-25/orders-for-u-s-durable-goods-drop-by-the-most-in-three-years.html

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