Relevant:
- Welcome Back Recession: Chicago PMI Implodes To 49, First Sub-50 Print Since September 2009
- Q3 GDP Beats At 2.9% On Rise In Inventory, Exports; Weak Consumption And Investment Below Surface
- Chicago housing market won't recover until 2013
- Chicago PMI Comes At Highest Since 1988, Surging Input Prices Blamed On "TOO MANY FRICKEN SPECULATORS" [sic]
- Imploded: First Chicago Bank & Trust, Chicago, Illinois
2010-06-28 — ritholtz.com
"So here’s the Chicago Fed letting us know that we may well have seen the best of what this “recovery†had to offer. I would note that the Personal Consumption and Housing sub-component of the index continued to be mired in negative territory, subtracting 0.42 from the overall print."
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