​They Can’t Keep The Lies Straight… – Tyler Durden

They Can’t Keep The Lies Straight… OMFG!….they can’t keep the lies straight. For the 13th month in the last 16, US Industrial Production data was revised lower (significantly lower)… Source: Bloomberg That meant US industrial production tumbled 0.6% MoM in July (dragging production down 0.2% YoY after revisions)… Source: Bloomberg US manufacturing also tumbled more than expected (-0.3% MoM) and thanks to yet more downward revisions, the YoY change fell to just 0.1%… Source: Bloomberg Capacity Utilization fell again to 77.8% – well below expectations… Source: Bloomberg And finally, this will really make you laugh… remember 30 mins ago when…  — Continue at ZeroHedge News : Read More