ISM Services Report Hints at Mixed Bag of Sentiment; (AA)
I suppose every analyst has their favorite economic indicators, whether due to the specific sectors they follow or their slant towards bottoms-up or top-down analysis. To the latter, I try to as much of both as my resources allow, and to the former, I am a big fan of the ISM services report. (you can [...]
ISM Report Continues Streak of DOA Indicators
This morning’s release of the November ISM Report is yet another economic indicator arriving DOA, reflecting the frozen state of global markets ever since mid-September.
The headline number of 36.2% (a diffusion index - read this PMI tutorial to learn more) is the lowest reading since May of 1982, and 2.7 percentage points lower than the [...]




