ISM fell to 47.8.1% for Aug, vs a consensus of 50.4%.
That's quite a miss and below 50 indicates contraction, which
gives credence to the slowing economy and recession fears
yeah I can't imagine what he would say, would probably be
something against the Fed Chair Jerome Powell, here's my attempt at
a trump tweet "Clueless Powell should have lowered rates by 1 point
instead of a measly 1/4"
Posted by stevieb294 on 1st of Oct 2019 at 11:08 am
"As I predicted, Jay Powell and the
Federal Reserve have allowed the Dollar to get so
strong, especially relative to ALL other currencies, that
our manufacturers are being negatively affected. Fed Rate
too high. They are their own worst enemies, they don’t have a clue.
Pathetic!" - from guess who?
Market dipped on ISM numbers
Posted by matt on 1st of Oct 2019 at 10:00 am
$SPX - Chart Link - had a quick hard pull on those ISM numbers
Update: Market dipped on ISM numbers
Posted by matt on 1st of Oct 2019 at 10:15 am
$SPX - Chart Link - short term price got into that open gap from yesterday
ISM fell to 47.8.1% for
Posted by matt on 1st of Oct 2019 at 10:03 am
ISM fell to 47.8.1% for Aug, vs a consensus of 50.4%. That's quite a miss and below 50 indicates contraction, which gives credence to the slowing economy and recession fears
the ISM manufacturing number was
Posted by matt on 1st of Oct 2019 at 10:18 am
the ISM manufacturing number was the weakest in 10 years
A Trump tweet will fix
Posted by ssaffer on 1st of Oct 2019 at 10:20 am
A Trump tweet will fix that.
yeah I can't imagine what
Posted by matt on 1st of Oct 2019 at 10:40 am
yeah I can't imagine what he would say, would probably be something against the Fed Chair Jerome Powell, here's my attempt at a trump tweet "Clueless Powell should have lowered rates by 1 point instead of a measly 1/4"
basically all I can see him tweeting LOL.
"As I predicted, Jay Powell
Posted by stevieb294 on 1st of Oct 2019 at 11:08 am
"As I predicted, Jay Powell and the Federal Reserve have allowed the Dollar to get so strong, especially relative to ALL other currencies, that our manufacturers are being negatively affected. Fed Rate too high. They are their own worst enemies, they don’t have a clue. Pathetic!" - from guess who?
that was better than mine
Posted by matt on 1st of Oct 2019 at 01:11 pm
that was better than mine Steveie294
Hilarious. This guy has no
Posted by ssaffer on 1st of Oct 2019 at 12:17 pm
Hilarious. This guy has no clue about economics.