Is “bad” once again “good”? / Check mate China, part deux
Kaoboy Musings 5 – 10/3/2019
Is "bad" once again "good"?
It’s been a week of pretty weak economic data. Notables:
10/1 ISM Manufacturing 47.8 vs 50 expected
Construction spending .1% vs .5% expected
10/3 Initial Jobless Claims 219k vs 215k expected
ISM Non-Manufacturing Index 52.6% vs 55% expected
As I mentioned in one of my last Musings, althoug…
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