From: pianoforte109@yahoo.com   
      
   On 9/10/23 11:45 AM, ScottW wrote:   
   > On Saturday, September 9, 2023 at 10:39:25 AM UTC-7, mINE109 wrote:   
   >> On 9/9/23 12:28 PM, ScottW wrote:   
   >>> On Saturday, September 9, 2023 at 10:20:37 AM UTC-7, mINE109 wrote:   
   >>>> On 9/9/23 11:15 AM, ScottW wrote:   
   >>>>> On Saturday, September 9, 2023 at 8:27:16 AM UTC-7, mINE109 wrote:   
   >>>>>> On 9/9/23 10:07 AM, ScottW wrote:   
   >>>>>>> The ISM Manufacturing New Orders Index came in at a reading of 46.8   
   >>>>>>> for August 2023. This is a level that signals weakness for new   
   >>>>>>> industrial orders.   
   >>>>>> Thanks, Fed! Reuters: Manufacturing, which accounts for 11.1% of the   
   >>>>>> economy, has been hammered by 525 basis points worth of interest rate   
   >>>>>> increases from the Fed since March 2022.   
   >>>>>>   
   >>>>>> This measure will improve if the Fed foregoes its next hike.   
   >>>>>   
   >>>>> Dems spend and the Fed should have done nothing on the resulting   
   inflation.   
   >>>>> You're a genius.   
   >>>> Inflation's down, genius. No need for another hike   
   >>>   
   >>> As if no more hikes will recover manufacturing.   
   >> More hikes will reduce it.   
   >   
   > It's already been a year of manufacturing decline....and you're happy as is.   
      
   Manufacturing is enjoying new investment. New orders will lag behind   
   that. Also, the decline is partially due to interest rate hikes deemed   
   necessary by the Fed to fight inflation.   
      
   You're against inflation, right? Biden managed to fight it without a big   
   jump in unemployment.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)