Friday, December 30, 2011

Weekly Bull/Bear Recap: December 26-30, 2011

Submitted by Rodrigo Serrano of Rational Capitalist Speculator,
Bull
+ U.S. manufacturing continues to show signs of steady growth. The economy isn’t headed towards recession. The Chicago ISM reports that its PMI report fell a smidgen, from a 7-month high to 62.5. Order Backlogs are at their strongest level since April and will keep activity elevated in the region. Meanwhile, the Richmond Manufacturing Index indicates stabilization, particularly in New Orders. Need more

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