This manufacturing data is not supportive of a sustainable rise in the equity markets; however, the markets seem to have their own agenda, regardless of the fundamentals of this sector within the slowing economy. A slowing demand for the "same old stuff" is just that...a slowing demand, regardless of how much money becomes available for borrowing by the masses. At some point, rising markets without supporting fundamentals, partnered with new, attractive, innovative, useful, and beneficial products/services with "needed and must-have" value, become a ship without a captain.
