Post Profile

WTF Chart Of The Day - Chicago PMI Spikes To 3 Year High, Beats By 7 Standard Deviations

Even as the rest of the 'soft' survey data catches down to 'hard' data's ugly reality... Someone or something in Chicago is exuberantly celebrating Trumpmania as the city collapses under a hail of bullets. Beating expectations by 7 standard deviations, June PMI spike to 65.7 - the highest since May 2014. This is the fifth consecutive increase in busines confidence with new orders at their highest since May 2014 and order backlogs spiking to their highest since July 1994.
read more


Related Posts

'Soft' Data Slammed As Manufacturing PMI Plunges To 6-Month Lows: "Bodes Ill For Second Quarter"

Business & Finance : Zero Hedge

Just as we warned was historical precedent, it appears the hope and hype in 'soft' survey data is catching back down to 'hard' data's reality. Markit's US Manufacturing PMI printed a disappinting 53.3 for March (final) - the lowest ...

Tuesday Humor: Richmond Fed Survey Beats Expectations By 7 Standard Deviations

Business & Finance : Zero Hedge

Aginst expectations of a -5 print, July's Richmond Fed printed +10 (up from a revised lower -10 in June). This is the 2nd biggest MoM spike since 1998 (the biggest being March's insane spike). This beat is a 7 standard deviation bea...

Chicago PMI 'Steady' At 18-Month Highs Despite Drop In Production, New Orders

Business & Finance : Zero Hedge

After its heroic "7 standard deviation beat" bounce in June, Chicago PMI dropped modestly in July from 56.8 to 55.8 (better than the expected 54.0). The stability in the headline print (at 18-month highs) amid tumbling GDP is odd gi...

WTF Chart Of The Day: American Consumer Confidence Soars To 16 Year Highs As Real Wages Plunge

Business & Finance : Zero Hedge

Continuing the trend of 'soft' survey data strong performance and expectation beats, The Conference Board's Consumer Confidence surged above the highest analyst's expectation to 114.8 - the best print since July 2001. Consumers’ ass...

Chicago PMI Jumps To 2 Year Highs Despite Plunge In Employment Index

Business & Finance : Zero Hedge

The good news - another 'soft' survey data item inches to a new post-Trump high as Chicago PMI rises to 57.7 - highest since Jan 2015. However, the bad news is that exuberant hope is not translating into hard reality as the employme...


Copyright © 2016 Regator, LLC