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July 1, 2009

Don't worry, the economy is practically improving!

Best misleadingly optimistic headline I've seen (via news.google.com) lately:

Euro-zone June manufacturing PMI hits 9-month high MarketWatch - ‎39 minutes ago‎ LONDON (MarketWatch) -- Activity in the 16-nation euro zone's manufacturing sector continued to fall in June, but contracted at the slowest pace in nine months, according to the Markit manufacturing purchasing managers index released Wednesday.

I'm sorry, but one only hits a high when one is rising, not falling.

Posted by CrankyProfessor at July 1, 2009 5:12 AM

Comments

Hey, approaching terminal velocity is a good thing right? Besides, the ground will break the fall.

Posted by: finn at July 1, 2009 1:33 PM

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