The U.S. government now has a useful excuse to quip for the next couple of months in order to apologize and mask problems, and with jobless data and a consumer sentiment reading on the schedule for Friday they might be singing the following loudly……..

ISM Manufacturing PMI came in with a recessionary result of 49.5 today, but blame it on Sandy please and not official policy and it the meantime sing along with John Travolta.