April US ISM-PMI manufacturing fell to 41.5 signaling a recession.Next week, we will learn about the readings of the services industries.This podcast shows a trend of the economic indicator derived from PMIs.The business cycle model was correct for calling for a recession during 2018-21.The economy grows for 7-12 years, then falls into recession for 1-3 years.History repeated. When will a booming economy return? Watch this podcast.Tell others. Link to others. Thank you!