T/A ETF AND INDEX

[shortterm]

10 minutes and more econ stats out: factory orders and ISM non-manufacturing survey out at 10am.

I wonder if we are still in buy the economic weakness scenario or have we finally reached the point of realisation that bad statistics mean recession.

The factory orders could go either way as there is Xmas build up to take into account. Bad ISM non-manufacturing surveys is real bad for economy as that is such a large part of it.

I guess the markets could dream of more and faster rate cuts always....