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Monday links: an economy on hold

Abnormal Returns

bloomberg.com) Economy The economy is on hold as everyone tries to figure it out. optimisticallie.com) Manufacturing is a laggard in this economy. (taylorlorenz.substack.com) Housing An alternative to the Case-Shiller house price numbers. bonddad.blogspot.com) Consumer inflation is pretty well anchored.

Economy 278
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US Composite PMI Suggests the Economy is On the Verge of Recession

Mish Talk

Flash US Manufacturing Output Index at 47.2 Flash US Manufacturing PMI at 47.6 Lower output was seen across both manufacturing and service sectors amid increasingly steep downturns in demand. The fall in backlogs of work was the sharpest in two-and-ahalf years, with manufacturers reporting the steeper decline in work-in-hand.

Economy 290
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Deloitte Forecast on India’s GDP; Will Indian Economy Hit $5 Trillion?

Trade Brains

Dr. Rumki Majumdar sees India’s economy showing strong resilience after the election period. The country maintains its position among the world’s fastest-growing large economies. The government actively supports manufacturing sector growth. First, the manufacturing sector shows remarkable expansion.

Economy 116
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ISM® Manufacturing index Increased to 48.4% in November

Calculated Risk

The ISM manufacturing index indicated expansion. From ISM: Manufacturing PMI® at 48.4% From ISM: Manufacturing PMI® at 48.4% Chair of the Institute for Supply Management® (ISM®) Manufacturing Business Survey Committee: “ The Manufacturing PMI® registered 48.4 A Manufacturing PMI® above 42.5 in October.

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Manufacturing Has Peaked This Cycle, 8 of 11 ISM Components in Contraction

Mish Talk

Please consider the November 2022 Manufacturing ISM ® Report On Business ® “Manufacturing contracted in November after expanding for 29 straight months. Key Details “The November Manufacturing PMI ® registered 49 percent, 1.2 The Manufacturing PMI ® figure is the lowest since May 2020, when it registered 43.5 percent, 4.2

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Thursday links: the king of the market

Abnormal Returns

sportico.com) Manufacturing The U.S. industrial economy looks different than it did four years ago. noahpinion.blog) How the manufacturing construction boom is playing out across the country. apricitas.io) Economy Weekly initial unemployment claims ticked lower. bonddad.blogspot.com) Has gasoline demand in the U.S.

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ISM® Manufacturing index Decreased to 46.8% in July

Calculated Risk

The ISM manufacturing index indicated expansion. From ISM: Manufacturing PMI® at 46.8% From ISM: Manufacturing PMI® at 46.8% Chair of the Institute for Supply Management® (ISM®) Manufacturing Business Survey Committee: “ The Manufacturing PMI® registered 46.8 A Manufacturing PMI® above 42.5 percent, 1.9