Jeff Miller's  Instablog

This ISM Manufacturing Index for August was 52.9.  This continues an eight-month streak of gains.  As a real-time read on the economy, the ISM research says that this pace, if annualized, would indicate GDP growth of 3.7%, near the top of the range of consensus forecasts.

The ISM numbers are better than other data we watch more closely.  We are not very bullish on Friday's employment report.  We'll do our monthly employment article soon.

Readers accustomed to following the regular weekend ETF update may want to check out the article on my blog.  oldprof.typepad.com/a_dash_of_insight/20...

The Seeking Alpha editors do a great job of keeping up with a massive flow of articles, but I was writing late after a weekend of travel.  I always post something on this topic over the weekend.

The featured sector is the regional banks. (KRE)

Some readers have asked how I choose whom to follow via the handy Seeking Alpha method.

For many authors one has the choice of following via their own website or following on Seeking Alpha.

Here is the problem.  If you follow via Seeking Alpha, you get a censored version of the author's work.  In my own experience, the editors reject work that they do not think is "actionable."  They also avoid things that directly engage other SA authors.

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