CHART OF THE DAY: The Export Economy Can't Save Us
This morning's ISM report was obviously quite weak, with the survey of manufacturers barely registering growth.
And it's not just the domestic economy sputtering.
Here's the exports sub-component. It's still in "growth" territory, but fading fast. With Europe on the skids, and China on a glide path, exports can't be relied upon to save us.

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