The Empire Strikes Out! NY State Manufacturing Index Collapses To -32.9 In January (Wells Fargo Pulling Out Of Mortgage Market)

by confoundedinterest17

The Empire Strikes Out! No, not Klaus Schwab and the World Economic Forum, but the New York State Manufacturing index. For January, the index fell to -32.9.

Then we have Wells Fargo and their crashing mortgage originiations.

Everytime I see Klaus Schwab’s face, I think of Emperor Palpatine from Star Wars.