Welcome Back Recession: Chicago PMI Implodes To 49, First Sub-50 Print Since Septmber 2009 !!!HUGE MISS: CHICAGO PMI SINKS TO 49.0 (Est. 52.5)!!!

zerohedge‏@zerohedge1 min
Chicago PMI 49 as rumored

WASHINGTON (MarketWatch) -- Chicago PMI slumped to a three-and-a-half year low of 49.0 in April, down from 52.4 in March and at a reading indicating contraction. Economists polled by MarketWatch had expected a 52.5 reading. Order backlogs were particularly weak, falling to 40.6 from 45.0. The Chicago PMI is the last of the regional manufacturing indexes to be released before the national Institute for Supply Management manufacturing index for April.
[link to www.marketwatch.com]

That disappeared quickly from cnbc

But but...the S&P had a record close yesterday...



Anyone with a brain stem that takes the time to learn what to look for knows this economy hasn't recovered one iota. Heck, most of the people that can't afford to take the time to learn know that.

Anyone who still thinks we are on a path to recovery

zerohedge‏@zerohedge1 min
LOL: Consumer Confidence soars to 68.1, 61 expected


zerohedge‏@zerohedge4 min
A recession with central banks printing $160 billion per month? Just add moar toaner.

Business Insider‏@businessinsider2 min
HUGE BEAT: CONSUMER CONFIDENCE SURGES TO 68.1 (Est. 61.0) [link to read.bi]

Business Insider‏@businessinsider1 min
Here Comes Obama's Press Conference... [link to read.bi]

zerohedge‏@zerohedge4 min
Fed about to inject $4.25 - $5.25 billion in month end window dressing

Business Insider‏@businessinsider1 min
One Huge Reason Why The 'Manufacturing Renaissance' Won't Boost The Economy by @rjwile [link to read.bi]

Tell that to all the men and women I see in the DC area standing at red lights holding signs that say "Please, give me work, I have kids and no job." They aren't asking for money, they are asking for a job!

Smoke & mirrors can only conceal the stench of corruption for so long.

Yes, it's very sad! Here the youth unemployment reach 34,3%!!!

Morning, Luis!



5*s


Thought you'd like this from another thread. Obama's press conferences are rigged.

[link to www.weeklystandard.com]

PANIC SEX!!!!

34.3% WOW!

Business Insider‏@businessinsider1 min
WATCH LIVE: Obama Holds A Press Conference [link to read.bi]

zerohedge‏@zerohedge20 s
10Y new low

zerohedge‏@zerohedge3 min
Must. Hold. 97

Thanks. watching now.

Joseph A. LaVorgna‏@Lavorgnanomics3 min
The Chicago purchasing managers' index is yet another disappointment and causes us to lower the #ISM to below 50.

zerohedge‏@zerohedge1 min
Rumor Chicago PMI to announce stock buyback next

dollar droppin like a rock !

great thread Luisport!


.

yes, and DOW recovering...

interesting to see if the Fed tries a second assault on pm's to prevent a further smackdown of the dollar