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Mar. Chicago PMI: 52.4 vs. 56.1 expected, 56.8 prior.

Mar. Chicago PMI: 52.4 vs. 56.1 expected, 56.8 prior.
Comments (8)
  • Jason Tillberg
    , contributor
    Comments (1237) | Send Message
     
    well that's now 3 data points that have not met expectations.

     

    but gosh, corporate profits.. there's your bubble.
    28 Mar 2013, 09:47 AM Reply Like
  • Dave Dunbar
    , contributor
    Comments (50) | Send Message
     
    Makes you wonder why they have all those analysts who are continously blind-sided by all these "unexpected" events. Isn't it their job to know, and expect these things?
    28 Mar 2013, 10:13 AM Reply Like
  • youngman442002
    , contributor
    Comments (5131) | Send Message
     
    the market will still go up...its what they want....85 billion a month and nowhere to go.....
    28 Mar 2013, 10:30 AM Reply Like
  • mickmars
    , contributor
    Comments (1323) | Send Message
     
    The money will flow to commodities soon enough. That will bring more pain to the lower classes.
    28 Mar 2013, 11:03 AM Reply Like
  • Lakeaffect
    , contributor
    Comments (978) | Send Message
     
    These different city and region indices are just too volatile for anything but the HFT crowd. Best to ignore them and just be glad you can take advantage of the Fed's QE making the bifurcated income distribution ever more pronounced.
    28 Mar 2013, 10:56 AM Reply Like
  • E.W. Barnaba
    , contributor
    Comments (148) | Send Message
     
    One data point doesn't mean anything in the grand scheme of the U.S. economy. Jobless claims, PMI, CPI, housing starts - all of these numbers should naturally fluctuate. You can't make any meaning out of them until you have enough data points to determine a longer-term trend.

     

    More than anything else I think the undue amount of attention paid to these numbers in isolation and not in the context of broader trends is an example of how the 24 hour news cycle dilutes the value of the news.
    28 Mar 2013, 02:29 PM Reply Like
  • june1234
    , contributor
    Comments (2502) | Send Message
     
    A chart for the PMI shows its been in a downtrend since summer of 2010.We had tax increases, spending cuts, sequester was signed this week , the labor dept continues to report 300K+ losing their jobs each week , adds up.Lot of retailers have warned A country this size needs 200K jobs a month just to keep up with demand from new entries to the workforce.Don't think anyone expects this recovery to be the boom boom 90's.
    28 Mar 2013, 06:10 PM Reply Like
  • Ray Lopez
    , contributor
    Comments (1508) | Send Message
     
    Japan also slipping into recession, despite Abe-o-nomics Inflation. Stock market has peaked and time for a correction back to the 6600s level.
    29 Mar 2013, 03:33 AM Reply Like
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