TDI<>Inflation Sparks Sell-Off, Stocks to Consider on the Dip
February 4, 2014 12:09 am
Overall, markets have been under a lot of pressure as of late. In part due to the withdrawal of additional stimulus from the Fed as well as contagion fears throughout the emerging market sector. Additionally, sparking the free-fall today was the disappointing U.S. economic data in ISM Manufacturing and ISM Prices Paid. Manufacturing showed a steep decline from the previous months reading of 57 down to 51.3 with Prices Paid escalating rather sharp increase up to 60.5 from the previous months 53.5 (See Charts Below).