Tag Archive for Economic News

London shares rise on upbeat US economic news

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ISM in Wonderland Media Reporting Versus Reality, Which Do You Prefer?

The big economic news story on Monday was the ISM Purchasing Managers Index. The headline number was only mildly positive, but it was enough so that Bloomberg was beside itself with joy. “Manufacturing in the U.S. expanded at a faster pace in March, driven by gains in employment and production that signal the world’s biggest…