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Afternoon Note

Yes, We Can Bring Home Billions

By Charles Payne, CEO & Principal Analyst
10/16/2017 1:39 PM
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More evidence that the Manufacturing Renaissance continues to pick up steam, as the NY Fed Empire State report just crushed Wall Street consensus and general business conditions climbed to a three-year high.   


New orders declined 6.9 points to 18.0, but overall this was another strong report on manufacturing with expectations for general business +5.5 to 44.8.

Let’s keep our powder dry for the rest of the afternoon.  


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