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Chart of the Week
Latest Research
1 of 10
Loan Growth... A Reason for Optimism?
2 of 10
April 2012 Market Environment
3 of 10
Portfolio Rebalancing Policy: A Fiduciary Duty in Good Markets & Bad
4 of 10
New Jobs... Familiar Feeling
5 of 10
LDI Position Paper Part 2 (of 2)
6 of 10
Still the American Dream?
7 of 10
U.S. Income Inequality
8 of 10
Trends in Personal Savings Rates
9 of 10
1Q 2012 Market Environment
10 of 10
Trends in Tax Revenues
January 06, 2012
Good News From the ISM Index?
By
Jeremy Zirin, Analyst
On Tuesday, the ISM factory index for December was released, with last month’s level reaching 53.9, the highest since April. Perhaps more importantly, this was above expectations of 53.5, thus providing an unexpected surprise to the upside to kick off 2012. Stocks and commodities rose in reaction to the better than expected data, and while the economy is far from back to full health, this was welcome news to kick off the 2012 year in the financial markets.
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