For the first time since 2009, all six major Fed regional activity surveys are in contraction territory. So, time to hike rates?
This sums it all up nicely:
Chicago PMI, most important regional survey, puts ISM at 46.9%. Great time to begin a tightening cycle Janet. pic.twitter.com/lg3wgMkUOq— Not Jim Cramer (@Not_Jim_Cramer) September 30, 2015
Recession? pic.twitter.com/NUjTP17sLv— Not Jim Cramer (@Not_Jim_Cramer) September 30, 2015