ISM manufacturing index lower than expected in May

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CNBC's Rick Santelli reports on the latest economic data to cross the tape.
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First-time home ownership is OVER. "Starter home" are over 400k average income is 58k.
We've put in 77 bids in middle TN on first home and were outbid by cash investors EVERY TIME. Now, we're priced out due to price and mortgage rates.

Wonder why Millenials and Gen Z are doom spending? Not getting married? Not starting families? Why is civil unrest growing while the wealth gap is larger than it ever has been in history?

It's because this economy is not for us, it never has been since we've been around. It priced us out and left us behind before we got here.
This doesn't end well for society at every socioeconomic level..

Seanpfree
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These ppl have no idea what is going on outside of their wealthy circles.

Seanpfree
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Is December a Democrat month? Is that why Rick can't say it. DEC isn't quicker to say than Devourer

chri