Black Friday Sales Are Starting Earlier Due To Excess Inventory

<p>Durable Goods Orders numbers came in better than expected as consumers remain resilient in the higher interest rate environment. "Black Friday sales are starting earlier and earlier and they are a sign of excess inventory. We still have inflation baked into the Durable Goods Orders figures. Regarding Jobless Claims, investors are trying to predict whether there will be a recession," says Bob Iaccino.</p>