BREAKING: CFTC GREENLIGHTS POLYMARKET TO RUN CRYPTO PREDICTION MARKETS IN THE UNITED STATES
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The manufacturing recession may be near its end:
ISM Manufacturing PMI rose 0.7 points in August, to 48.7, the second such improvement this year.
However, this marks the 32nd monthly contraction over the last 34 months.
The Employment Index rose 0.4 points, to 43.8, but remains at historically depressed levels.
New orders increased 4.3 points, to 51.4, moving back into expansion for the first time in 7 months.
Prices paid declined 1.1 points, to 63.7, pointing to slightly lower cost pressures for manufacturers compared with the past six months.
Rising new orders hint that the downturn is starting to ease.
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ISM Manufacturing PMI rose 0.7 points in August, to 48.7, the second such improvement this year.
However, this marks the 32nd monthly contraction over the last 34 months.
The Employment Index rose 0.4 points, to 43.8, but remains at historically depressed levels.
New orders increased 4.3 points, to 51.4, moving back into expansion for the first time in 7 months.
Prices paid declined 1.1 points, to 63.7, pointing to slightly lower cost pressures for manufacturers compared with the past six months.
Rising new orders hint that the downturn is starting to ease.
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Boomers are never going to listen to "evidence" because the status quo extracts wealth from the young and gives it to geriatrics. Asset inflation enriches old people at the expense of the young. It's more convenient to believe the young are lazy and morally inferior
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Fundamentally, old people benefit from mass immigration, asset inflation, and the housing crisis. They basically only care when it directly impacts their children or grandchildren
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If we want to be sympathetic to Boomers, we could say America's deindustrialization, mass immigration, and dilution of dollar's value 90-99% since 1960 pushed their life savings into assets (stocks, pensions, houses) which were only available shelter from Cantillon Effect
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BREAKING - Video shows an active shooter on UML’s South Campus in Lowell, Massachusetts with police searching for a 5’5 Asian male in a gray or white sweatshirt and black shorts carrying a long weapon
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