Chicago PMI comes in at 58.4 (consensus 59 / previous 60.4)
Here's the link to the report
Note at the top left in red letters "Embargoed". This is what I have told you about many times, media gets these reports so they can talk about them right after release, it also creates the ability for someone at the media outlet to make a quick phone call to a "friend" on Wall Street, maybe a friend that is benevolent and charitable.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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