In recent years, purchasing managers indexes have become important indicators of where the global economy might be heading. But in the current slowdown,…
— Read on www.marketwatch.com/video/what-pmi-numbers-wont-tell-you/12A28F82-342E-4A86-9D5A-762030D271FC.html
Tag: PMI Index
Fragile World Manufacturing Front and Center of Fed Rate Debate
(Bloomberg) — Federal Reserve policy makers will meet in two weeks to weigh an interest-rate cut against the backdrop of a booming U.S. stock market, a seemingly unflappable American consumer and steady job growth.Much of the reason for looking past all this strength lies in tepid manufacturing, lackluster
— Read on ca.finance.yahoo.com/news/fragile-world-manufacturing-front-center-090000482.html
Global recession fears grow as factory activity shrinks – Reuters
Factory activity contracted across Asia and Europe last month as an escalating trade war between Washington and Beijing raised fears of a global economic downturn and heaped pressure on policymakers to roll out more stimulus.
— Read on www.reuters.com/article/us-global-economy/global-recession-fears-grow-as-factory-activity-shrinks-idUSKCN1T40EI