There was economic data released last week and most of it was softer. Unemployment Claims and Continuing Claims increased more than expected. Durable Goods orders for January fell - 6.1%, have declined in 3 of past 4 months, and New Orders dropped by -7.3% excluding defense. Consumer Confidence as measured by the Conference Board fell by -7% in February after rising in the 3 prior months. The ISM Manufacturing Index declined from 49.1 in December to 47.8 in January as New Orders fell to 49.2 from 52.5 in December....
