Economists are surprised by the strangest things. The UK has announced austerity measures, Greece, Spain, Portugal (3 little PIIGS) are in forced austerity programs, and Germany is paying more attention to deficit reduction than growth (rightfully so), yet somehow economists expect factory orders in Germany to keep improving. Please consider the Bloomberg report German Factory Orders Unexpectedly Fell in MayGerman factory orders unexpectedly fell for the first time in five months in May as …

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Economists Surprised Again as German Factory Orders Unexpectedly Fall