Earlier today the Federal Reserve Bank of Chicago reported that manufacturing activity decreased 0.53 percent in April. The decline follows a 0.23 decline in March. This information only serves to reinforce information presented in my earlier post (i.e. national economic activity is weak). According to the report: “Three of the four broad categories of indicators that make […]
Tag Archives: Federal
Will The Rally Continue?
This morning I read the following article which was provided by The Wall Street Journal’s “The Morning MarketBeat.” Though the facts are interesting, and though the case for a continued market rally is plausible, I’m not so sure the cards our in our favor for continued stock market increases. The Breakfast Briefing As stocks have […]
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