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Strategies & Market Trends : ahhaha's ahs

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From: ahhaha12/31/2013 10:30:55 AM
of 24758
 
Back to more myths, this time invented by the prejudices of Briefings(Briefings thinks it's an objective news service, objective like NYT, AP, et ill.)

Briefings thinks it needs to discount or slant this item :

Manufacturing Activities Slow in the Chicago Region

Manufacturing activity decelerated in the Chicago region as the Chicago PMI dropped to 59.1 in December from 63.0 in November. The Briefing.com consensus expected the index to fall to 60.0. The drop in the index is not concerning. A reading above 60 is not sustainable for a long time and the index exceeded that threshold in both October and November. The trends do not point toward a drop below 50 -- the actual expansion/contraction threshold -- any time soon. Production growth slowed as the related index fell to 57.9 in December from 64.3 in November. The weakness stemmed from a softening in new orders growth, from 68.8 in November to 60.7 in December. The employment index fell to 51.6 in December from 60.9 in November. That was the lowest reading since April.


You can see how they exaggerate by making 'crat like claims by setting up an extreme opposite to their prejudice. How does their admission of employment square with their other prejudices? Why do they need to add the hype? Why do they care? The problem here comes from the fact that there's a single author writing this blurb who operates without editorial oversight.
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