XJO - Bear Posts only (Factors which might cause the markets to fall), page-16013

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    The Chicago PMI (ISM-Chicago Business Barometer) measures the performance of the manufacturing and non-manufacturing sector in the Chicago region. The Index is computed from five weighted raw indexes: Production (0.25), New Orders (0.35), Order Backlog (0.15), Employment (0.10), and Supplier Deliveries (0.15) and then seasonally adjusted to support month-to-month comparisons. A reading above 50 indicates an expansion; below 50 represents a contraction.

    The dates there mark bottoms and indicate the beginning of the last 3 recessions.

    https://hotcopper.com.au/data/attachments/6223/6223114-20d5d208f3071d4b1c3e4c8a6cc83e88.jpg
    https://tradingeconomics.com/united-states/chicago-pmi
 
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