The Last Chance Of Freedom : PMI Reports Come In Ugly Across Europe, As Spain And Italy Start To Tailspin

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Monday, March 5, 2012

PMI Reports Come In Ugly Across Europe, As Spain And Italy Start To Tailspin

Joe Weisenthal

This is not helping the market today: PMI Services reports are coming in ugly across the Eurozone.
Markit has a great rundown of the results, which basically go like this.

Italy is down to 44.1 vs 44.8 in January, for its 9th straight month sub-50 (indicating contraction).
Spain has fallen to 41.9 vs. 46.1 in January. That's a horrible number.
French PMI is right on the even line at 50.0 vs. 52.3 in January.
Germany is still nicely positive at 52.8, but that's down from 53.7 in the previous month.

Elections have consequences, so it is important that voters who want to save our democracy, should v

Monday, March 5, 2012

PMI Reports Come In Ugly Across Europe, As Spain And Italy Start To Tailspin

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