Replies to post #138005 on SwingTrade Member Forum (SWING)

[Painterguy1]

They're more shocked. They were expecting a positive number.

Plus...

Manufacturing was stronger than expected...

10:00 ISM Index 54.7 vs 51.0 consensus

And Inflation was stronger than expected...

10:00 ISM Prices Paid 73.0 vs 67.8 Bloomberg consensus


So it's not looking like we get any rate cuts anytime soon.

[umiak]

i'm thinking a 20-30% drop in home prices still to come in some areas. has always been good for remodel though.