by Jocelynn Smith
The Sovereign Investor
The election has stolen the media’s attention with endless rounds of he said/she said and finger-pointing, but there’s more going on in the U.S. than just a presidential election.
Or rather … I should say that there’s less going on…
At the start of the week, the Empire State manufacturing report — information gathered by the New York Federal Reserve on manufacturing in the New York area — showed a drop to negative 6.8 in October from September’s reading of negative 2.0. Readings below zero indicate contraction within a region’s manufacturing sector.