The Traderszone Network

Published in TZ Latest News 25 August, 2014 by The TZ Newswire Staff

Services PMI Drops Most In 6 Months, "Recovery Has Lost Some Momentum", Markit Says

US Services PMI dropped from multi-year highs to a still expanding 58.5, 3 month lows and the biggest MoM drop in 6 months. This is the 10th month of expansion in a row but employment growth continues to slow… as opposed to the priced-in escape velocity to the moon alice levels the market expects…

 

 

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