Conference Board is BS. They live in the past.

They rank sentiment and ISM manufacturing new orders high even though sentiment tells me nothing

and manufacturing is now 10% OF ECONOMY.

It is not 1955 anymore when new orders for car parts mattered.

AND THEY WEIGHT S&P AT ONLY 10% ! The 6 months ending August was -2.5%.

This all explains why they have been so off with their forecasts for the last 4 years!

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