Just to remind you:
MISS: July Philly Fed Index Disappoints At -12.9 HUGE MISS: Richmond Fed Plummets To -17
Chicago PMI gets released tomorrow...
THIS IS YOUR ECONOMY ON HOPIUM.
Bush’s fault.
Can someone translate what this index means?
“I wonder if the NBC Evening News will even bother to mention this?”
Did they or anyone in the MSM bother to mention the horrible Q2 GDP annualized rate of 1.5%? This meager growth rate means the economy won’t be increasing jobs anytime soon, certainly something that most would fair minded people would consider newsworthy. All the MSM cares about is protecting the TOTUS from criticism.