Steve East
Steve East
hit jump means number until
The NAPM number was stronger-than-expected but was still under 50, which means a contraction, and there was a big jump in new orders. That was very encouraging. But that doesn't mean that we've hit a bottom, not until we get over 50.
capital cut employees left power pricing
Once you've cut employees as much as you can, the only thing left to do when you don't have pricing power is to become more productive, and you do that through capital spending.
european financial industry record space track
The financial track record of the European space industry is very poor.
claims forward looking market
The market is looking forward to Friday's (monthly) unemployment report, so the jobless claims have to be disappointing.