Stocks remain positive but well off early highs as ugly industrial production data reveal just...

|By:, SA News Editor

Stocks remain positive but well off early highs as ugly industrial production data reveal just how bad the U.S. economy remains - so bad that John Ryding of RDQ Economics thinks the results swayed the Fed’s decision to push all-out stimulus. Although the unwinding of "special factors" should help data in September, RDQ expects little improvement in underlying production trends