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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: virtualsignal who wrote (51767)6/3/2005 12:15:28 PM
From: Paul Shread  Read Replies (1) | Respond to of 52237
 
Non-manufacturing doesn't matter; the manufacturing one is at 51.4, so the Fed has run out of room unless that turns up. Without evidence of inflation pressure, the Fed is done, IMHO.



To: virtualsignal who wrote (51767)6/3/2005 12:39:12 PM
From: Paul Shread  Read Replies (1) | Respond to of 52237
 
From the ISM web site on the non-manufacturing index: A weighted composite index similar to the PMI that is so popular in the Manufacturing ISM Report On Business is not available. Several years of data will need to be developed before that type of non-manufacturing indicator can be developed.