Strike 2 On Chicago

By |2015-03-31T15:26:55-04:00March 31st, 2015|Economy, Federal Reserve/Monetary Policy, Markets|

The continued disappointment of economic data is starting to weigh, but only as concerns might be directed toward Q1. Despite all projections for a sharp rebound after January’s dreariness, February figures continue on the downside and now March indications are not much better. The latest is the ISM Chicago Business Barometer (formerly Chicago PMI) which remained in significant contraction for [...]