ISM’s Disappointing Report Could Force Ben Bernanke’s Hand – ValueWalk Premium

ISM’s Disappointing Report Could Force Ben Bernanke’s Hand

The Institute of Supply Management (ISM) reported today that U.S. manufacturing activity contracted for the third consecutive month, as judged from its PMI index which read 49.6 for August. This compared unfavorably with the ISM index for July which was 49.8. It was also the lowest reading . . .

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