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zimmy61 · 02-06-2008, 08:29 AM

The 2.1% increase in labour costs were still lower than expected which opens up the door for further rate cuts. The ISM report (coming in below the magic number of 50) that you posted yesterday was another serious indicator of a recession.

02-06-2008, 08:29 AM	#2 (permalink)
zimmy61 Senior Member Join Date: Aug 2007 Posts: 1,892 Thanks: 6 Thanked 29 Times in 20 Posts Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	The 2.1% increase in labour costs were still lower than expected which opens up the door for further rate cuts. The ISM report (coming in below the magic number of 50) that you posted yesterday was another serious indicator of a recession.
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