Manufacturing
In this Special Report, we analyze the behavior of economic data leading up to US recessions and discuss some common patterns.
ISM Services PMI Expands Modestly For Second Consecutive Month…
Sluggish But Not Collapsing Chinese Economic Conditions…
ISM Manufacturing PMI Extends Contraction Streak…
Base Effects Boost Chinese Industrial Profits In July…
Sweden Will Cut The Gordian Knot…
Ifo Expectations Augur Poorly For Eurozone Economy…
Our negative stance on European growth and assets is not devoid of risks. To gauge whether these risks warrant upgrading our growth outlook, we monitor Sweden closely. So, what is the current message from this Nordic economy?
The great US labor market shortage is over. Labor demand will likely fall short of supply by the end of this year, causing unemployment to soar. Neither fiscal nor monetary policy will be able to prevent the coming recession. Investors should underweight stocks and overweight Treasuries.
The DM Manufacturing/Services Divergence Continues…