Manufacturing report today was the lowest level since the recession. Last 2 months have had numbers below 50, according to
One financial analyst, numbers under 46 are consistent with recession. https://www.marketwatch.com/story/sl...nds-2019-10-01. While Trump is blaming the Fed, business leaders are saying tariffs. Also GM strike is not helping.
I do find it interesting that noise involving Trump really doesn’t seem to have much impact on the stock market anymore. At first, every tweet seemed to either send it up or down. Now, even impeachment doesn’t have any effect.