Manufacturers Are Manufacturing. Which Is Good

Factory check! Because nothing's more exciting on the first day of trading in a brand new year than a deluge of bland PMIs. Although it wasn't all good news, December manufacturing PMIs out Monday generally painted an upbeat picture, both in Asia and Europe. "Production continued to rise, albeit at a slightly reduced rate, while goods producers reported strong optimism towards the year-ahead outlook," the color accompanying the final read on Germany's factories for December from IHS Markit sai