PMI 49.9 vs 53.5

Not a good number. Anything below 50 isnt good.

 

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.

 

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

 

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