ISM is a big part of what's going on, as is the weaker construction. Sun's shake-up is certainly hurting techs. But what we're especially seeing is a lack of belief on the part of investors in extending yesterday's (Tuesday's) rally.
Quotes about ism (16 Quotes)
I wanted the press to become something of a movement. Not a movement committed to a particular "ism," but a gathering together of writers with an aesthetic approach to literature and with a lust for excellence.
Capitalism without capital is just an ism.
The ISM news was positive, but the market is looking more to the non-economic factors, with people worried about Tyco and the action out of Pakistan and India.
Clearly, it's all about the economy. The consumers are doing their part . Now the business side has to come along, too. That's why today's soft ISM number was so disappointing.
Genius sits in a glass house -- but in an unbreakable one --conceiving ideas. After giving birth, it falls into madness. Stretches out its hand through the window toward the first person happening by. The demon's claw rips, the iron fist grips. Before, you were a model, mocks the ironic voice between serrated teeth, for me, you are raw material to work on. I throw you against the glass wall, so that you remain stuck there, projected and stuck. (Then come the lovers of art and contemplate the bleeding work from outside. Then come the photographers. ''New art,'' it says in the newspaper the following day. The learned journals give it a name that ends in ''ism.'')
This is something of a surprise, given the relative strength of most of the regional surveys. The latter are not always a perfect guide to the national ISM but they rarely send such a clear, but wrong, signal.
The only 'ism' Hollywood believes in is plagiarism.
As suggested by the orders data and the ISM survey, the initial stage of inventory replenishment has not been sustained, ... Slower growth ahead remains the most likely outcome.
When you have MA (merger and acquisition) activity continuing, it's a sign of stronger economic activity ahead. The market probably will focus on the economic data I suspect the driving factor of the day could be the ISM index.
...the myth of socialism is far stronger than the reality of capitalism. That is because capitalism is not really an ism at all. It is what people do if you leave them alone.
The ISM survey clearly promises much bigger increases in production ahead, but for now the official data are lagging the survey a bit,
The headline (number) was clearly disappointing, but it remains to be seen whether weakness in the Philly Fed will be reflected in the national ISM index and whether this is a temporary phenomenon or a more permanent decline in the business outlook,
Back in late 2000 the Chicago PMI weakened a month ahead of the ISM survey. The weakness then also came quite unexpectedly and soon afterwards the Fed abruptly reversed course,
Pessimism is the one ism which kills the soul.
Racism is an ism to which everyone in the world today is exposed; for or against, we must take sides. And the history of the future will differ according to the decision which we make.