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<p>[QUOTE="mikem2000, post: 2208320, member: 30574"]Yikes, this latest info post is pretty meaningless. Yeah, manufacturing is down a bit, but not a lot, but this issue with this post, it does not even mention that we are a service based economy, not manufacturing. In fact the service sector makes up 80% of the GDP and is growing. There is no mention at all that the ISM has surged to a 10 year high, more than offsetting any weakness in the much smaller manufacturing sector. Please people, don't drink the Koolaid. This whole post was nothing more than a rehash of what was published on zero-hedge with the goal of separating you from your from your Fiat. You know, if someone intentionaly leaves important components to make their "point" seem more valid I have to conclude their "point" was not strong in the first place.</p><p> </p><p><a href="http://www.marketwatch.com/story/ism-services-index-surges-to-10-year-high-in-july-2015-08-05" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.marketwatch.com/story/ism-services-index-surges-to-10-year-high-in-july-2015-08-05" rel="nofollow">http://www.marketwatch.com/story/ism-services-index-surges-to-10-year-high-in-july-2015-08-05</a>[/QUOTE]</p><p><br /></p>
[QUOTE="mikem2000, post: 2208320, member: 30574"]Yikes, this latest info post is pretty meaningless. Yeah, manufacturing is down a bit, but not a lot, but this issue with this post, it does not even mention that we are a service based economy, not manufacturing. In fact the service sector makes up 80% of the GDP and is growing. There is no mention at all that the ISM has surged to a 10 year high, more than offsetting any weakness in the much smaller manufacturing sector. Please people, don't drink the Koolaid. This whole post was nothing more than a rehash of what was published on zero-hedge with the goal of separating you from your from your Fiat. You know, if someone intentionaly leaves important components to make their "point" seem more valid I have to conclude their "point" was not strong in the first place. [url]http://www.marketwatch.com/story/ism-services-index-surges-to-10-year-high-in-july-2015-08-05[/url][/QUOTE]
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