ISM numbers out tomorrow....50+ is a definite in my opinion.

Discussion in 'Economics' started by S2007S, Sep 1, 2009.

  1. S2007S


    Hasn't been over 50 in 19 months, I think tomorrow it comes in at 51+, of course bulls will jump for joy, however everyone has to remember that the only reason its going to jump is due to the cash for clunkers program. July was 48.9, August will be higher in my opinion. This could be a problem for the bulls hoping that bernanke keeps the rates under .50%. Any economic data from here on in that shows improved economic activity will be a signal for future rate increases starting as early as the 1st quarter of 2010.