Fundamentals 7/1: Better Manufacturing, Worse Consumer Mood
-June Consumer Sentiment worse at 71.8
-The Thompson Reuters/University of Michigan index averaged 89 in the five years leading up to the recession that began in December 2007
–ISM June manufacturing index 55.3 vs. 53.5 in May
-Improving data: above 50 indicates expanding activity
-Inflation pressure moderating
-More ISM survey results below