Kaeppel's Corner

Jay Kaeppel

4-06-2021 at 11:02 am

Manufacturing Soars - Another Lesson in The Stock Market as a Discounting Mechanism

We are conditioned to cheer good economic news and to rue bad economic news. When it comes to investing in stocks this little bit of human nature can be counterproductive. The ISM Purchasing Managers Index (PMI) provides a classic case in point.

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