Relevant:
- Huge Cracks in Global Recovery Thesis; Industrial Production Unexpectedly Drops in Germany, France; UK Weaker than Expected
- Factory Orders Fall More Than Expected; Recovery Withers on the Vine
- Durable Goods Orders Plunge; Weekly Claims Soar
- US Manufacturers Can't Shake The Slowdown In China
- US Manufacturing Orders at 60 Year Low, China Contracts 5th Straight Month
2011-05-05 — blogspot.com
``There is some merit to the possibility of a manufacturing slowdown caused by Japan. However, I have a more likely explanation. Here it is: Non-Manufacturing ISM Plunges Below Prediction of All 73 Economists, New Orders Collapse, Prices Firm...''
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