Federal Reserve Reports
Federal Reserve Reports are two things for me.
The first is the Governments way of distorting the truth from its People.
The second is that they (the Reports) are ultimately are very accurate.
The recent Richmond version of the Manufacturing Composite Index turned up and that seems to excite Investors. Perhaps they should do as I do and look at the Trend.
Yes, for over 50 years that old saying has been true and very good to me. It is: "The Trend is Your Friend." I always add: "Until it Isn't !
In life itself, friendships are often rather frail and not long lasting! Hum!
It too has been under ZERO since early 2013. The trend is DOWN and little suggests that it will improve soon.