Spring is coming
Apr 10, 2024
One of the most followed leading economic indicators is the Manufacturing PMI, an index measuring the month-over-month change in economic activity within the manufacturing sector, the most cyclical part of the economy. Here Spring appears to be coming with the global, US and Chinese PMI’s increasing and now in expansion territory (above 50). This is another positive sign for the global economy and for the corporate world that should have a positive impact for investors.