Alert ISM Services PMI Sept 2008 49.4 June 2024: 48.8
*Economists have been lecturing, that ISM manufacturing is less relevant, it's all about services. Bloomberg data.
https://x.com/Convertbond/status/1808504122678694224
Two-year treasury yields plunge on ISM services data.
https://x.com/KathyJones/status/1808503033996722470
...this is why commodities including Gold rose as DXY dipped, the Fed pivot prospect.
...But the market focuses on the good news -which is rate cut is ahead but avoids focus on why the rate cut is likely to coincide with when the US starts to sink into a recession.
- Forums
- ASX - General
- Its Over
Its Over, page-22616
-
- There are more pages in this discussion • 816 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
UNT
UNITH LTD
Idan Schmorak, CEO
Idan Schmorak
CEO
Previous Video
Next Video
SPONSORED BY The Market Online