PMI 49.9 vs 53.5

[S2007S]

Not a good number. Anything below 50 isnt good.

 

[empee]

i thought this is good since we dont have to raise rate (ie everything is good!)

 

[S2007S]

Quote from empee:

i thought this is good since we dont have to raise rate (ie everything is good!)

usually anything below 50 represents that manufacturing is declining.

 

[Longhorns]

Quote from aeliodon:

Wow your faster than Bloomberg. Look at the timestamp 9:59am.

The # was out at 9:57 (EST).

 

[JamesVU2000]

All that matters is that interest rates are low and everyone can borrow themselves into oblivion

 

[EqtTrdr]

Quote from JamesVU2000:

All that matters is that interest rates are low and everyone can borrow themselves into oblivion

bingo $$


as dollar falls all assets must inflate to keep same value as before imo