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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BREAKING: Man with weapon reported at University of Massachusetts Lowell campus. Here is the video circulating online
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This theory is controversial in the sense that the statement "the sky is blue" is controversial.
You might make a colorblind person angry by saying it, but there's no scientific controversy to speak of; this is just a statement of fact.
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You might make a colorblind person angry by saying it, but there's no scientific controversy to speak of; this is just a statement of fact.
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This is incredible news and can't emphasize enough how close we were to it not happening.
The Biden administration sent the FBI to raid Polymarket and they stole Shayne's phone. Trump ended the witch-hunt and now Americans can use the site!
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The Biden administration sent the FBI to raid Polymarket and they stole Shayne's phone. Trump ended the witch-hunt and now Americans can use the site!
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JUST IN: RUBIO responds to leftists crying because Trump blew up narcoterrorists
"Strikes like this WILL happen again!"
"They were heading towards the U.S. to flood our country with POISON, and under Trump, those days are OVER"
"The President of the United States is going to wage war on narcoterrorist organizations."
"Interdiction does not work, because these drug cartels know that they are going to lose 2% of their cargo. They bake it into their economics. What WILL stop them is when you blow them up."
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"Strikes like this WILL happen again!"
"They were heading towards the U.S. to flood our country with POISON, and under Trump, those days are OVER"
"The President of the United States is going to wage war on narcoterrorist organizations."
"Interdiction does not work, because these drug cartels know that they are going to lose 2% of their cargo. They bake it into their economics. What WILL stop them is when you blow them up."
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