When Margaret Brennan, Bloomberg's anchor, first announced the Philly diffusion index for May, she mistakenly read it as 39, a surprisingly sharp increase from April's 18.5 number. The actual number was 3.9, so shockingly low that she missed the decimal point.
http://www.zerohedge.com/article/bring-out-qe3-philly-fed-plummets-prints-39-expectations-20
Thursday, May 19, 2011
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