PMI Continues To Question Reality
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Dec PMI declines to 47.90 with persistent pessimism as the revised Nov Industrial Production(IndPro) level held near its recent highs.
This enormous discrepancy in market psychology represented by the PMI vs economic activity represented by IndPro makes discounted industrial issues the better investment choices.
More By This Author:
Industrial Production And Manufacturing Capacity Revised Higher
Private GDP Expanding Faster Than GDP
Fuel For A Continued Bull Market
Disclaimer: The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or ...
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