Long Hot Slow Summer: ISM Services Index drops

Fade the rally! Tell me more about this mythical ‘recovery summer’. Pfft. GOLD is dropping, like a stone?!, down another $14. Buy the preccccious….

CalculatedRisk:

The June ISM Non-manufacturing index was at 53.8%, down from 55.4% in May – and below expectations of 55. The employment index showed contraction in June at 49.7%…….

July 6, 2010. Tags: , , , , . Economy, Finance, Obama Administration, Politics, Popular Culture, Taxes, Unemployment Statistics, Wall St.

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