It's clear the global economy is turning sharply weaker. Here's new export orders in the manufacturing PMIs. Germany (blue) is very weak, but it's clear that everyone is starting to tumble, with the US (red) not far behind Germany. Global recession dynamics are building...
https://x.com/robin_j_brooks/status/1838470905393008971
...even before the mercantilism world of dysfunctional Trumpian economy!
It's clear the global economy is turning sharply weaker. Here's...
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