Chicago PMI

When the market sold off sharply ahead of Wednesday's lousy reading of regional economic activity, rumors circulated on the Street that the Chicago Purchasing Managers Index data had been leaked. Indeed it was. But not in any nefarious way. It just so happens that some folks have access to the...

A smörgåsbord of economic data released Thursday continues to suggest the U.S. economy continues to show 'fits and starts' - some 'green shoots' that Fed Chair Ben Bernanke spoke of, along with a lack of progress in other areas/metrics. First, the Chicago Purchasing Managers Index rose...