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Thread: ISM survey shows worst reading in a decade

  1. #1

    Default ISM survey shows worst reading in a decade

    Wondering why stocks just reversed down?

    US manufacturing survey shows worst reading in a decade

    KEY POINTS

    The ISM U.S. manufacturing Purchasing Managers’ Index plunged to 47.8% in September, the lowest since June 2009.

    This marks the second consecutive month of contraction.

    The ISM employment gauge for the sector dropped to the lowest since January 2016.
    https://www.cnbc.com/2019/10/01/us-m...-a-decade.html
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor. Please do your own due diligence.


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  3. #2

    Default Re: ISM survey shows worst reading in a decade

    Quote Originally Posted by tsptalk View Post
    Wondering why stocks just reversed down?

    US manufacturing survey shows worst reading in a decade

    https://www.cnbc.com/2019/10/01/us-m...-a-decade.html
    Trump blames Fed... https://www.cnbc.com/2019/10/01/trum...-a-decade.html
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor. Please do your own due diligence.

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  5. #3

    Join Date
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    Default Re: ISM survey shows worst reading in a decade

    From his playbook of a six year old. I'm sure the reading has nothing sarcasm, to do with his trade war.

    Quote Originally Posted by tsptalk View Post
    Weatherweenie's Account Talk
    Teddy Roosevelt: Patriotism means to stand by the country. It does not mean to stand by the president or any other public official. Expected retirement date: November 2023

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