This page has been archived and commenting is disabled.
Richmond Fed Manufacturing Survey Collapses To 2-Year Lows
Despite Markit's PMI exuberance, it appears the awesomeness did not reach Richmond. Printing at a disastrous -8, against expectations of +3, Richmond Fed is the lowest since January 2013. The last 5 months have seen the index drop at its fastest rate since Lehman.
Not awesome...
Not awesome-er...
Charts: Bloomberg
»
- 6137 reads
- Printer-friendly version
- Send to friend
- advertisements -
Plus new home sales were the highest in 7 years...in February!!! wink...wink
Manufacturing..., in the Mid-Atlantic?
Oh yeah, cigarettes. Also a few candy bar and snack operations along the 81 corridor.
Lots of moonshine, pot, and meth, but somehow I doubt the stats on those, ahem, commodities.
Worst Since LehmanTM
Everybody drink a shot.
96 proof or 96 grain?
TEQUILA!!!
You guys think I'm kidding.
BTW.. I HIGHly recommend "El Charro" reposado as a great low cost tequila.
What is this Lehman thing, you speak of...I just started putting all my money in the market(took out a car loan to do it) the last couple years, as it only goes up! I am going to get rich on 40% return a year retire at 30!
Signed Unicorn on a Rainbow!
Ding-Ding-Ding...!!!! Indeed, 'trademarked' from here on out. I was going to suggest a newly coined colloquialism, but TM'd just nails it.
Every single economic datapoint is immediately contradicted in the next data point. Is this some kind of plan to confuse the people, or is the Fed actually using this shit to tune their interventions? Because, you know, Keynesianism is predicated on the idea that factual and timely data is being used in the decision making process. It doesn't have a hope of working without solid data. The supreme idea behind a Fed influenced economy is that the people doing the influencing are actually using real information. Of course, we all now know, it is impossible to get unbiased data for all kinds of reasons, and all intervention is doomed to wreak havoc.
It IS real information if you discount all the bad data points.
lies - yet more lies - even "bad" data has a purpose
It won't be long until the MSM starts reporting this stuff, but not until the snowball is too big for the lumpenproletariat to be proactive.
Whoops.
STFD the Rothschild's have entered their bunkers.
what would the spx be if companies were properly rewarded for contracting sales.
No problems in this manufacturing sector.
http://research.stlouisfed.org/fred2/series/GFDEGDQ188S
Time to seasonally adjust this shit and put some lipstick on.
Dup
If you are into drones check out this site http://pickyourdrone.com/
What Difference Does It Make Buy Stocks
WDDIM-BS