Here come the comments from the ISM
- Member comments mention global concerns
- Concerns are mainly over China and customer sentiment
- Sees a lot of uncertainty about China and the Fed, more so this month
- Is hopeful manufacturing is nearing the bottom
- Says outlook is based on hope and past history (I kid you not)
- Jobs index suggests little change in employment (hmmm 5 straight months of slower growth)
And thus ends this month's fairy tale from the ISM
