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NY Empire State Manufacturing Index Preview – 10.15.25
The October NY Empire State Manufacturing Index prints on Wednesday, 15 Oct 2025 at 13:30 UK time. The market’s first regional read on current-month factory activity. With September’s headline at −8.7, the street is looking for a rebound (Consensus −1.8; Street Forecast −5). Our read leans more cautious: we call −5.5 (range −10 to 0), reflecting still-soft demand and only tentative signs of stabilization. This note frames Our Call vs. Consensus, what to watch inside the report (new orders, shipments, prices, employment, and 6-month expectations), and the likely cross-asset reaction path in USTs, the USD, and ... (full story)
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I believe that China purposefully not buying our Soybeans, and causing difficulty for our Soybean Farmers, is an Economically Hostile Act. We are considering terminating business with China having to do with Cooking Oil, and other elements of Trade, as retribution. As an example, we can easily produce Cooking Oil ourselves, we don’t need to purchase it from China.
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