XJO 0.93% 7,889.6 s&p/asx 200

XJO - Bear Posts only (Factors which might cause the markets to fall), page-15811

  1. 5,917 Posts.
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    How is US manufacturing going? Not that great.

    https://hotcopper.com.au/data/attachments/6181/6181325-bc0a7a6e991ba20ad7ab48d14dfd0555.jpg
    Look at all those revisions.. Feb was 1.4 but down to 1.2 (after an appalling -1.2 in Jan so just recovered their reduction for the prior month).

    I'm not sure what change this relates to (month to month or prior year same period comparison and the scale might be 100x out), but it's not great for US manufacturing. Next is likely to be an increase in unemployment from that sector.

    https://hotcopper.com.au/data/attachments/6181/6181333-ddcea84ff1f94436c66db9b2ff7566ba.jpg
 
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