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US Services Activity Recovered This Month. The Good News Stops There
There was incrementally positive news on the US macro front Monday, when preliminary PMI readouts fo
Weather? H – you haven’t said anything – what is under the hood?
Huh? I walked through the whole release? What else do you want?
I think that was an attempt at a joke about how you often bust economists’ chops for blaming the weather for being cold during winter? That’s how I interpreted Taylor’s question anyway.
They wanted: but the good news is …
I guess you are telling us that even the “independent” analysts writing the releases are stunned. The world has switched off their collective brains. I might agree that the market dropping 10% is random, and I think that is fine , but the agencies are supposed to be awake, following this, not in a senile stupor like Trump.