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US Economic Activity Worst Since 2011 Amid Major Downward Revisions, Chicago Fed Signals
January's "optimistic" +0.13 print for CFNAI was revised drastically lower to -0.10 and now February prints -0.11 against an expectation of +0.10 for the 3rd miss in a row - the worst run since Q3 2011. The Chicago Fed National Activity Indicator (which has gained in prominence in recent months) indicates a 3rd month of "below trend growth," for the first time since June 2011.
Charts: Bloomberg
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So BUY STOCKS!
I can't take the BS anymore.
and even MOAR stawks......buy until your finger tips bleed.......hehehhee
Yeah, but it's missing expectations at a declining rate. I say buy stawks.
Let it crash already. I am really tired of waiting for the fake white smoke to appear.
In the age of Twitter, Facebook and all manner of instantaneous electronic communication you would think there would be a better way to announce the election of a new Pope than white smoke coming out of a chimney.
^^^^POTD
Futures say you must wait the fat finger in control and you must wait till the cows come home
We've had smoke for six years or more. The ECB is adding some mirrors.
MOAR misses bitchez!
QE4 this year is assured. Keeping the stock market pump-game going and enriching the 1% is the only thing the Federal Reserve has going. Strealing wealth is what it's all about.
Yes, but bad news is goods, again, or something like that...
there is no spoon...
No. Right now, bad news is bad news again. Didn't Mr. Yellen make that clear to you last week ?
Get back in there and turn those (manipulated economic statistics) back on.
<The only reason we are seeing ugly is because 'they' want us to see ugly.
Perception is reality isn't it?
It's silly to make conclusions based on current data. The thing to do is wait for a couple years and then research the FINAL revised revision (or is there such a thing?). It becomes pretty clear nobodies got a damn clue.
Then again when your organizing an economy the size US, what's a few billion here or there?
Its the weather's fault...or Bush.... Or the Russians...
YALL KNOW WHAT THIS MEANS RIGHT???
Get into Stocks!!!
Don't worry, regardless of what the numbers actually are, existing home sale numbers will save the day--"baa..baa...baa...baa..".say the sheeple
i see. i see, said the dumb deaf fucker to his seeing eye dog at the busy intersection.
MEH....mountain=>molehill...
BTFD !!!
BTLD
Buy The Lehman Dip
Up is down, left is right, Firm not making any money? So what, new 52 week high on the way.
Ahhh the market top of 2011, I remember it well; stocks only went up another 80% from those levels in the following few years....