Livesquawk @livesquawk 3m3 minutes ago
[BREAKING] US Markit Services PMI Feb P: 49.8 (est 53.5; prev 53.2)
-Markit Composite PMI Feb P: 50.1 (prev 53.2)
Livesquawk @livesquawk 3m3 minutes ago
Weakest U.S. Service Sector Performance For 28 Months In February - Markit
https://www.markiteconomics.com/Surv...186062f3632267 …
FOREX.com @FOREXcom 1m1 minute ago
US Markit Services PMI came out at 49.8, well below the 53.5 reading expected ^MW
zerohedge @zerohedge 3m3 minutes ago
And now we have a services recession: Markit Service PMI 49.8, Exp. 53.5
Markit Economics @MarkitEconomics 5m5 minutes ago
Markit Flash U.S. Composite #PMI Output Index at 50.1 (53.2 in Jan), lowest since Oct'13
http://ow.ly/YHrbU
Livesquawk @livesquawk 19m19 minutes ago
US New Home Sales Jan: 494K (est 520K; prev 544K)
-New Home Sales (MoM) Jan: -9.20% (est -4.40%; rev prev 8.20%)
Bloomberg Business @business 18m18 minutes ago
Sales of new U.S. homes declined more than forecast in January
http://bloom.bg/1PZVlrr
Joseph A. LaVorgna @Lavorgnanomics 8m8 minutes ago
New home sales declined -9.2% in January to 494k, a 4-month low. Regionally NE & South rose while Midwest & West (-32%) fell
Hey,
Bloomberg reporting breaking news: Oil inventories rise 3.5m bbl
Sixth supply rise in 7 weeks
Wise Men Still Seek Him
The Biggest Part of the U.S. Economy Is Showing Signs of Cracking
Services, the biggest part of the U.S. economy, shrank this month for the first time in more than two years, hurt by a late-January snowstorm that blanketed the East Coast and a dearth of orders.
The Markit Economics preliminary purchasing managers’ services index for February slumped to 49.8, the lowest reading since the partial government shutdown in October 2013, from 53.2 the prior month, a report from the London-based group showed Wednesday. It was the second-weakest reading in data going back to October 2009. Readings lower than 50 signal contraction.
http://www.bloomberg.com/news/articl...y-s-foundation
Funny how Gotwit blindly believes the government about Climate Change, yet cast doubt on the same government when posting articles from people who are contrarian to the government assurances that we are in a time of prosperity....
"If you are mad as hell and aren't gonna take it anymore, grab your rifle and head outside. If you're the only one with a rifle screaming like a maniac, go back inside. It isn't time yet."