Moody’s Analytics Chief Economist Mark Zandi breaks down the ISM U.S. Manufacturing Report and PMI which fell to 49.1 in August 2019.
Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb
About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
Connect with Yahoo Finance:
Get the latest news: https://yhoo.it/2fGu5Bb
Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq
Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP
Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz
Damn. This sucks
Trump is a Disaster as President!
The Fed raised rates here 4 times in 2018!
America needs to give the savvy shopping people the QE money not the old bankers. The consumers are the experts on products but the bankers don’t care about anything because they are already richer than most folk could ever imagine. Go figure.
Debt forgiveness, like Chase had to do in Canada
Finally the Liberal media is talking about the economy! They sure hopes it is in a recession. Every recession is preceded by spike in oil prices. Oil prices dropped this morning 2.1%. Unemployment is the lowest it’s been in 50 years, 3.7% in July (was 4.7% when trump took office). Job openings are up 30.2% since trump took office. Food stamp recipients are down 15.7% since trump too office. Retail spending is up too.
Everyone now realizes us markets are fictitious this number is actually lower than stated
Make america great again lol
American customer will pay the tariff that trump create. Lol
Edy Hiun & they will buy less
bs
@miller charlie american worker will jobless
Anyone who thinks this crappy economy won’t take a generation to fix is delusional.
Yes I’m so financially overwhelmed. I can’t handle this economy anymore.
Daniel Daniel
Just accumulate more debt like the corporations and governments are doing 😜
Another 4 years of Trump means decoupling of China and US economy. Which means China goes on a slowdown, while US is guaranteed recession. Don’t be surprised if China doesn’t bail out the US economy this time like 2007. You reap what you sow.
Screw the police state of China and buy mfg. in America. Do I lose sleep over 70k US factories that out sourced themselves at the expense of American workers.
tariffs are taxes and will depress economic activity creating a snowball effect that could lead to recession and even worse. ‘stupid is as stupid does’.
chaos is the result when a “disrupter” is elected and so US, UK, and much of the world is feeling the blowback.
Seems like a well known pattern. ..hmmm who benefits from these mass scale recessions?…..hmmmm
Unit assembly body fingers mechanical coffee brake too stock wall street bank no pension allowed
Trump made this number great again…