Bloomberg headline this pm - "Japanese and Australian stock futures dropped as Greece sought more bailout funds and slower-than- expected manufacturing growth in the NY region fueled concerns about the global economic recovery."
This is kids at the keyboard grasping for straws. But it sells. And, it’s worthless.
In fact, Greece was long ago priced in. And in fact, the NY survey indicated that factory managers were more upbeat about the future than earlier. The headline was down due to New Orders but that didn’t bother the folks in the trenches because employment grew to its fastest pace in 12 months.
Dismiss this stuff. Use this site as an anchor. We've got a track record. They don't.
Robert Craven
This is kids at the keyboard grasping for straws. But it sells. And, it’s worthless.
In fact, Greece was long ago priced in. And in fact, the NY survey indicated that factory managers were more upbeat about the future than earlier. The headline was down due to New Orders but that didn’t bother the folks in the trenches because employment grew to its fastest pace in 12 months.
Dismiss this stuff. Use this site as an anchor. We've got a track record. They don't.
Robert Craven
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