Chicago PMI dropped to 45.2 in October, the second straight month of contraction. Readings below 50 indicate contraction territory.

by Dismal-Jellyfish Report Period Previous Actual Chicago PMI Oct. 45.7 45.2 The Chicago PMI is the latest in regional manufacturing data to show declines: Report Period Previous Actual Empire State manufacturing index Oct. -1.5 -9.1 Philadelphia Fed manufacturing index Oct. -9.9 -8.7 Additionally, the Chicago PMI is the last regional data before the national factory … Read more

Elon Musk Begins Releasing Internal Notes from Twitter Execs Highlighting Intent to Hide True “Objectives and Key Results” During Lawsuit

by sundance  An interesting dynamic begins as Elon Musk takes ownership of Twitter promising increased transparency.  Mr. Musk tweeted out an internal message from Yoel Roth (still employed) to some unknown entity where the head of Safety and Integrity of Twitter tellingly implied the executives in charge were withholding information from Musk and lawyers during the … Read more

Hollywood leaving Twitter already

It only took a few days to have Hollywood celebrities leaving Twitter in a huff. They all say they will go to another social media. I suggest Trump’s. ———————————— Hollywood hits delete: Elon Musk’s Twitter takeover sends celebrities to different social media platforms https://www.foxbusiness.com/entertainment/hollywood-hits-delete-elon-musk-twitter-takeover-sends-celebrities-different-social-media-platforms Sara Bareilles revealed she was leaving Twitter amid Hollywood backlash following … Read more

CNN Business: “The Fed may have to blow up the economy to get inflation under control”

View post on imgur.com https://www.cnn.com/2022/10/30/investing/stocks-week-ahead The big question for many investors – and American consumers – is whether the Fed will send the economy into a recession with massive rate increases. https://t.co/zg2cKHPokZ — CNN (@CNN) October 30, 2022 View post on imgur.com The Federal Reserve Wants You Fired 9/7/2022 By Ron Paul This is because … Read more