Market Update – Those Unusual Signals Mattered
1:35 p.m. ET It’s been a fast moving market. I’ve had to write and re-write this post, re-capture charts a number of times. Economic data today is mixed. S&P Global’s ‘soft’ surveys soared in the US (as European PMIs slipped lower). The Manufacturing PMI fell to 49.5 (contraction) from 51.6 (51.6 consensus). The Services PMI…