A gauge of US manufacturing has tanked to its lowest levels since 2009. Peter Boockvar, the chief investment officer at Bleakley Advisory Group says, “We have now tariffed our way into a manufacturing recession…” Yun Li covers the latest numbers for CNBC. How much attention should investors pay to the Leading Economic Index? Now as we near the end of an economic cycle, it’s become increasingly important. Liz Ann Sonders offers details about the current index levels and why we should be watching the trend. Before you take a loved one to a senior care facility, check to see if it’s under investigation. The Atlanta Journal-Constitution now has a searchable data base for Georgia facilities they’ve investigated for suspicious deaths and mistreatment.
US Manufacturing Survey Shows Worst Reading In A Decade — The ISM U.S. manufacturing purchasing managers’ index came in at 47.8% in September, the lowest since June 2009. This marks the second consecutive month of contraction. The new export orders index tanked to only 41%, the lowest level since March 2009. Read more…
Take Me to Your Leader: Analyzing the Latest Leading Indicators — Leading indicators are always “tells” about the economy looking forward, but they take on increasing importance when late in an economic cycle. Liz Ann Sonders, Chief Investment Strategist for Schwab, takes a look at the current numbers, and more importantly, the trend. Read more…
AJC Investigation Finds Mistreatment At Senior Care Facilities — Suspicious deaths and allegations of mistreatment in senior care facilities can routinely go unreported to law enforcement and prosecutors. According to an investigation by the Atlanta Journal-Constitution, there’s a breakdown that allows abusive or neglectful caregivers to escape punishment and continue to work around seniors. But now there’s a searchable database for all the facilities they reviewed. Read more…
John R. Day, Bill Ennis, Stephanie Hall, and Matt Heller