Its Over, page-23525

...whoever wins the Presidency, it is not going to be positive for the US economy.

...Kamala won't infuse confidence in the economy, while Trump would disrupt global trade, both won't help the US tackle its worsening deficit and debt problems.


JUST IN: US manufacturing has officially contracted for the 5th consecutive month, to 47.2 points.

The ISM manufacturing PMI index missed expectations of 47.5 points for last month. New orders fell to 44.6 points from 47.4 in July, experiencing contraction for the 3rd straight month.

Manufacturing activity has now shrunk in 21 of the last 22 months, extending the second-longest downturn in history.

The worst part? The prices paid index jumped to 54.0 points from 52.9 in July, expanding for the 8th month in a row.

Rising prices with falling output is a recipe for stagflation.

https://x.com/KobeissiLetter/status/1831028017444843779