Morgan Stanley non-PMI leading earnings indicator suggests S&P 500 has farther to fall
New Zealand services PMI (February) 55.8 (prior 54.7)
The NYSE welcomes PMI' alt='InsidePMI' /'>@InsidePMI in celebration of its 15th anniversary of listing $PM
@Pentosh1 At the very least you’d want to see dis-inversion which often leads heading / marking a start of a recession followed by a lagging PMI (approx 6-12 months)
New Zealand BusinessNZ ManufacturingPMIFeb: 52.0 (R prev 51.2)
NEW ZEALAND FEBRUARY S/ADJ PMI 52 - BUSINESS NZ/BANK NZ SURVEY #News #Markets #NZ #NEWZEALAND #PMI #capitalhungry
New Zealand manufacturing PMI for February 52.0 (prior 50.8)
PMI is embracing a path to positive disruption by aiming to become a majority smoke-free business by 2025. #ad
India's manufacturing PMI for December rose to 57.8, the fastest growth in the sector since 2020.
India's ManufacturingPMI has risen to 55.7 in November, beating market expectations and marking a three-month high.
U.S. ECONOMIC DATA THIS WEEK: *SERVICES PMI (MON.) *MANUFACTURING PMI (MON.) *CB CONSUMER CONFIDENCE (TUES.) *NEW HOME SALES (WED.) *Q3 GDP (THURS.) *DURABLE GOODS ORDERS (THURS.) *JOBLESS CLAIMS (THURS.) *CORE PCE PRICE INDEX (FRI.) *PENDING HOME SALES (FRI.) $DIA $SPY $QQQ
The Fed is going to tighten monetary policy until something breaks. Something like Treasury market liquidity or credit market liquidity. While ISM PMI is declining. Being defensive makes sense until a pivot occurs. A diverse base mix of cash, gold, defensive value equities, etc.
A significant increase in the month-on-month Purchasing Managers Index (PMI) for consecutive 13 months shows that the order books are full, reflecting that the economy continues to be in the expansion mode based on strong fundamentals & economic policies.
The US economic recovery from the Spring lows is the envy of the world, see our soaring ServicesPMI data vs peer countries. The Trump Boom 2.0 would be squashed by the agenda of Joe Biden: stifling regulations, mammoth tax hikes, & a retreat to submission to China. #ChalkTalk
If I told you 12 months ago that: Unemployment jumps from 4% to 15% Fed interest rates fall from 2.5% to 0% PMI dives from 52 to 37 Gold rips up 32% Stock volatility triples Oil crashes down 70% ....and yet, over the past year, stocks are flat. Would you have believed me?