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