Richmond Manufacturing Following Dallas Fed = Bad News
7
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The hits just keep on coming and not in a good way.
Today we get both the Richmond Fed manufacturing index along with the Dallas Fed's services index. Both were rather bad.
In this video I go through how this is on the economy and the future impact on it. We are seeing a lot of forward indications that things are not going so well.
Here are the links to the data;
https://tradingeconomics.com/united-states/richmond-fed-manufacturing-index
https://tradingeconomics.com/united-states/dallas-fed-services-index
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