So the PMI comes out higher than expected.
The Dow Jones shoots up 100 points.
"Hurray! The economy is finally recovering!"
That is until you do the job the media is supposed to be doing and put it in context. I circled the increase from 53.5 to the "strong" 55.3 between May and June.
I added the additional "POW!" to make it look like the old Batman TV show to give it more of an effect.
Filed under - "The Cancer is Spreading Less Slowly"