Associated Press: Darell Krasnoff Quoted in “Stock Market Kicks Off September with Strong Gains”

"Stock Market Kicks Off September with Strong Gains," by Stephen Bernard, Associated Press.

While the manufacturing report didn’t fall into the recent pattern of showing slowing growth, market reaction to the data fit a pattern seen throughout the summer: Traders’ attention spans are short, and they are reacting only to the very latest economic report.

The manufacturing report “gives some comfort, but that is only good until the next number,” said Darell Krasnoff, managing director at Bel Air Investment Advisors.

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