Double Data Disappointment Today Follows Worst Macro Week In 6 Years

Jon Alternative Media, Blogosphere, Economy, Fiscal Policies

Following the worst week for US macro data in six years, The Chicago Fed (National Activity) and now The Dallas Fed (regional) have both disappointed and fallen this morning.
It was a rough week for ‘hope’ last week…
And this week has not started well…
March Chicago Fed national activity index printed 0.08 versus an estimated 0.50 (range -0.1 to 0.75) and February was revised lower to 0.27 from 0.34. Furthermore, 48 of the 85 monthly individual indicators made positive contributions, while 37 indicators deteriorated.

This post was published at Zero Hedge on Apr 24, 2017.