ISM Manufacturing PMI

The U.S. manufacturing activity sentiment missed expectations in April. After a brief uptick in March, activity retraced back into contraction, according to the Institute for Supply Management (ISM). April ISM Manufacturing PMI Report: Key Highlights The ISM Manufacturing PMI declined from 50.3%...

The More Problems In Sovereign Debt Issue We’re looking at massive worldwide sovereign debt problems. The Bank of Japan decided to stop defending the 1% rate ceiling on its 10-year bond to stop further weakness in the yen. Not to be outdone, the US Treasury announces plans for trillions of...