Manufacturing ISM Rises, Beats Expectations As Employment Index Rebounds After this morning’s shockingly bad ADP print, which printed negative for the 3rd time in the past 4 months, was a six-sigma miss to estimates, and which sent market-implied rate cuts odds for December to nearly 2 from 1.75 earlier in the day… … the subsequent two economic reports today were much more muted. First, the final print of the Mfg PMI for September came in at 52.0 at 9:45am ET, and was unchanged from the preliminary print and on top of estimates. Second, the much more closely followed Mfg ISM… — Continue at ZeroHedge News : Read More
