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ISM vs. Orders minus Inventories

Posted by StockBuz on December 2, 2010 at 9:44pm
As today’s LEX column points out in the FT, when ISM orders slip below the inventory sub-index, “this usually indicates an oncoming recession...a return to sub-50 ISM readings cannot be ruled out...there is still the possibility that the V turns into the first half of a W.”

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Tags: manufacturing, ism
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