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Yesterday’s ISM Non-Manufacturing or services report confirmed what we have known for a few months now – the services sector continues its climb back to pre-crisis levels. There is still a long road ahead, especially if we consider that this is nothing, but a diffusion index and the data compares the improvement, if any, from the previous month.
Therefore, if the previous month the report showed a contraction to 45 and the next month an…
The post U.S. Services Sector Continues to Expand in August appeared first on Vantage Point Trading.
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