New York ISM Crashes Back Into Contraction

Tyler Durden's picture

July's surreal surge from 45.4 to 60.7 has been entirely erased as August's NY ISM business conditions index plunges back to 47.5 with purchases, revernues, and expected future demand all tumbling...

 

 

This confirms the other regional Fed surveys and the heasdline ISM Manufacturing report's collapse. But then again - this terrible news is great news for stocks, right?

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SomethingSomethingDarkSide's picture

Real, hard data?  Oh, fuck that noise!

Ghost of PartysOver's picture

The Anal Extraction Team make great data miners.

bamawatson's picture

stroking soft data to make it hard

SomethingSomethingDarkSide's picture

Stop it, you're going to make me capitulate

King Tut's picture
King Tut (not verified) Sep 2, 2016 10:02 AM

Should be good for another 50 points- on the S&P

Herdee's picture

Love that rustbelt and the low-life scum politicians that sold out American workers to the Communist Chinese in order to get financing for their MiddleEast wars.What a nightmare and total fiasco it's all turned out to be.The failed Wolfowitz Plan.Obama/Bush are NeoCon losers and scum.

Archive_file's picture

Clinton's new cabinet:

1. Defense secretary: Wolfowitz, Paul.
2. Secretary of State: Nuland, Victoria.

BELIEVE IT.

Archive_file's picture

Clinton's new cabinet:

1. Defense secretary: Wolfowitz, Paul.
2. Secretary of State: Nuland, Victoria.

BELIEVE IT.

LetThemEatRand's picture

As poster Theorist pointed out on another thread, here comes the bad economic news just in time for the next rate hike decision to give Janet cover when she does nothing.  

Winston Churchill's picture

With every stat they can't manipulate in the gutter, even they can't bald face lie anymore.

Dark Daze's picture
Dark Daze (not verified) Sep 2, 2016 10:44 AM

It must be hard fro ZH to keep generating headlines in a world where we all know that the Fed, BOJ and ECB will print relentlessly, support the stock market regardless of reality and basically spit in the faces of anybody that dares to criticize them.