Whoa! And the day isn't even over yet. "Tower, this is flight Charlie-Hotel-India-November-Alfa coming in for a hard landing!"
PMI prints at 50.4 from 51.2 on consensus of 51.8! And those are the state released numbers-the actual is probably sub 50 or contraction. Not good for China, not good for the EFSF, just not good.
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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