### Comment:
First response, puts it is

### REPLY:
PMI was bad in August, but could’ve been written off as a fluke EVEN though the rest of the world looks to be contractionary PMI as well. But, september PMI got even worse for the US, so we might be in a downtrend. It’s just bad economic data, and market doesn’t like bad data when the fed has indicated they don’t wanna cut more.

### END.