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Strategies & Market Trends : Making Money is Main Objective
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To: Softechie who started this subject2/1/2001 11:05:18 AM
From: Softechie  Read Replies (1) of 2155
 
NAPM Report : The January NAPM index fell to 41.2% from 44.3% in December; below the 43.8% consensus and indicating that the manufacturing sector continued to deteriorate in January and marking the lowest level since March 1991 (the last month of the 1990-91 recession). The price index rose slightly, but that will not keep the Fed from continuing to cut rates in coming months with the economy on the verge of, if not already in, recession.
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