Gold Member BOHICA Posted April 4, 2023 Gold Member Share Posted April 4, 2023 (edited) Damn Biden crashed the party hard. Knocking US manufacturing activity and orders back to the year 2009 standstill. The dollar wobbled on Tuesday after a slump in U.S. manufacturing activity last month pointed to further signs of a slowing economy and trumped renewed inflation concerns following OPEC+'s surprise output cut. The Institute for Supply Management survey showed on Monday that manufacturing activity fell to the lowest level in nearly three years in March as new orders continued to contract, with all subcomponents of its manufacturing PMI below the 50 threshold for the first time since 2009. https://www.cnbc.com/amp/2023/04/04/dollar-slides-on-sluggish-us-data-aussie-steadies-ahead-of-rba.html Edited April 4, 2023 by BOHICA Quote Link to comment Share on other sites More sharing options...
spin_dry Posted April 4, 2023 Share Posted April 4, 2023 23 minutes ago, BOHICA said: Damn Biden crashed the party hard. Knocking US manufacturing activity and orders back to the year 2009 standstill. The dollar wobbled on Tuesday after a slump in U.S. manufacturing activity last month pointed to further signs of a slowing economy and trumped renewed inflation concerns following OPEC+'s surprise output cut. The Institute for Supply Management survey showed on Monday that manufacturing activity fell to the lowest level in nearly three years in March as new orders continued to contract, with all subcomponents of its manufacturing PMI below the 50 threshold for the first time since 2009. https://www.cnbc.com/amp/2023/04/04/dollar-slides-on-sluggish-us-data-aussie-steadies-ahead-of-rba.html This is excellent news. Can't have big growth and tackle inflation at the same time. Conversely imports from Asia is will take a hit as well. The Saudi's read the tea leaves well. Consumption of oil is about to take a tumble. Quote Link to comment Share on other sites More sharing options...
racer254 Posted April 4, 2023 Share Posted April 4, 2023 (edited) Only dipshits would cheer for this.....where are the other liberal "men" Edited April 4, 2023 by racer254 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member SnowRider Posted April 4, 2023 Platinum Contributing Member Share Posted April 4, 2023 6 hours ago, racer254 said: Only dipshits would cheer for this.....where are the other liberal "men" I’m flattered……you’re copying my white ‘men’ line Quote Link to comment Share on other sites More sharing options...
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