Thousand manufacturing jobs at a furnace plant in indiana. More on that in a moment. First to the bigger picture. There were signs today that americas long suffering Manufacturing Sector isnt quite so long suffering anymore. Factory activity expanded in november more quickly than in any month since early last year. The closely watched institute for supply Management Index showed a pickup in production and new orders, a sign that demand will likely remain solid. The positive news follows a rocky few years for manufacturing companies. Theyve been hit by weak business spending, a sluggish Energy Sector, and a strong dollar. Todays report is good news for the more than 12 Million Manufacturing workers in the United States. About 9 of the nations workforce. And it comes ahead of the release tomorrow of the Monthly Employment report. Thats the last major piece of data before the next fed meeting. But it was in indiana where manufacturing workers may have been the happiest. Today, president e
Thousand manufacturing jobs at a furnace plant in indiana. More on that in a moment. First to the bigger picture. There were signs today that americas long suffering Manufacturing Sector isnt quite so long suffering anymore. Factory activity expanded in november more quickly than in any month since early last year. The closely watched institute for supply Management Index showed a pickup in production and new orders, a sign that demand will likely remain solid. The positive news follows a rocky few years for manufacturing companies. Theyve been hit by weak business spending, a sluggish Energy Sector, and a strong dollar. Todays report is good news for the more than 12 Million Manufacturing workers in the United States. About 9 of the nations workforce. And it comes ahead of the release tomorrow of the Monthly Employment report. Thats the last major piece of data before the next fed meeting. But it was in indiana where manufacturing workers may have been the happiest. Today, president e
Thousand manufacturing jobs at a furnace plant in indiana. More on that in a moment. First to the bigger picture. There were signs today that americas long suffering Manufacturing Sector isnt quite so long suffering anymore. Factory activity expanded in november more quickly than in any month since early last year. The closely watched institute for supply Management Index showed a pickup in production and new orders, a sign that demand will likely remain solid. The positive news follows a rocky few years for manufacturing companies. Theyve been hit by weak business spending, a sluggish Energy Sector, and a strong dollar. Todays report is good news for the more than 12 Million Manufacturing workers in the United States. About 9 of the nations workforce. And it comes ahead of the release tomorrow of the Monthly Employment report. Thats the last major piece of data before the next fed meeting. But it was in indiana where manufacturing workers may have been the happiest. Today, president e
And the only thing matters to your money and market this is week and that is two meetings. Bank of japan and the fed on deck this week. The question is simple. Is this the week Central Banks ruin the rally and what changes should you make to your portfolio in advance. The probability is very high that you do. And you have two different things. The transmission is the u. S. Dollar. So you have the bank of japan coming out tomorrow night, early wednesday morning. Lets they are going to do one of two things. They are either going for a Massive Stimulus Program and the dollar is going to rip, or they are not. And if they dont do something, then you have a lot of problems all over the place because they need something. Theyve got nothing. Theyve got a huge problem over there. I think the bank of japan is important. And i would argue they are more important than the fed because i dont think the fed will do anything. But how are they going to suddenly either go on a spending spree or a nothin
Started to see the pharmaceutical sector taking the edge off of markets. The dow average was a little higher, the s p was down. Day, this had a good on the back of what is happening with this dollar. Sessionless, a negative delivered yesterday. One of the stocks that stood out, let me show you the chart an arands had terrible afterhours session. Really the fact that we had a revenue mess. Yumchina recovery story for not quite as tasty. In terms of today, we are looking forward to the u. S. Session. This is the percentage miss price. This is where we think the terminal expects the u. S. Market to open. It looks like negative sentiment. We will not get a bounce back. U. S. Futures showing at a flat open. No bounceback after yesterdays selloff. Bank of japan is front and center they are keeping a record stimulus unchanged of its growing speculations the signs of a recession will press it to act towards the end of the month. The media focus turns to the press conference of the governor lat