bearish

PMI Consolidation Behind Contractions

305 Views24 Nov 2022 05:30
Differential surprises in the Nov-22 PMI surveys still reinforced the global trend towards falling activity. The US drop crystallised the convergence risk we flagged last month.
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Phil Rush
Chief Economist
Heteronomics
United KingdomMulti-AssetMacroeconomicsCross Asset Strategy
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