The U.S. ISM Manufacturing Index for December Plummets
The U.S. ISM Manufacturing Index for December Plummets
The ISM manufacturing index for December dropped more than expected to 32.4 from 36.2 in November. This represents both the sixth consecutive drop in the index from a recent peak in June of 50.2 and the lowest reading of this index since May 1980s reading of 29.4. Expectations […]
US Dollar Index Ends 2008 Up 7% Following Year of Record High Volatility
US Dollar Index Ends 2008 Up 7% Following Year of Record High Volatility and the Collapse of Modern FinanceEuro Ends Year Down Slightly Against US Dollar as EUR/GBP Dictates Price Action Japanese Yen Ends Wednesday Mixed, Finishes 2008 as Biggest Gainer of the Year
US Dollar Index Ends 2008 Up 7% Following A Year of Record […]
Conference Board’s Consumer Confidence Index Hits a Record Low
Conference Board’s Consumer Confidence Index Hits a Record Low
The Conference Board measure of consumer confidence came in much weaker than expected in December, falling to 38 from 44.7 in November (originally reported as 44.9). This represented a record-low reading for household confidence. Expectations had been for falling gasoline prices to continue supporting a recovery in […]