|
Not to make too much of one data point, but one of the good things about ISM data is that unlike tomorrow’s employment report, it is final. Whatever numbers the Labor Department reports tomorrow will be revised and re-revised. Stock traders were mildly encouraged by today’s report from the Institute for Supply Management about [...] If you thought that politics was always so dysfunctional that unfunded government spending is just the way it now is, comes news from the U.K.’s Telegraph in an article titled “Nick Clegg indicates tax rise to pay for 1 billion pound youth unemployment scheme.” A 1 billion pound plan to tackle high youth unemployment will apparently [...] |
|
© 2013 The Daily Capitalist - Nothing in this blog should be considered to be investment advice. The opinions expressed herein are those of the author and not necessarily those of The Daily Capitalist. The Daily Capitalist is published by Montecito Analytics, LLC. All Rights Reserved. |
