Market Currents
The JPMorgan Global PMI for December rises to 50.2 from 49.6 previously, the first time in...
-
Wednesday, January 2, 12:53 PM ETThe JPMorgan Global PMI for December rises to 50.2 from 49.6 previously, the first time in expansion territory since May. New Export Orders contracted for the 9th consecutive month, but inventories continue to decline as well, suggesting at last some room for further expansion.
Other date
Latest Global Articles
This news story has 2 comments:
Tough to be a bear with so much recent bullish econ data.
I have to admit I am scratching my head a bit at the idea that the markets are celebrating what amounts to a pretty sizable tax increase on just about everyone who holds a job in the US. Not sure how that is a positive but we'll see.
Perhaps it is a short squeeze.