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Economy Roars Relative Mar PMI Manufacturing Rating- Apr 01
ISM's Manufacturing PMI jumped to 64.7 in March. The rating was the highest since 1983.
This signals US economic pace of growth is the fastest in decades.
This is in line with the business cycle model expectations for economic growth this decade.
In this episode I show a chart of the PMI, plus a chart of the Economy Trend Indicator.
To subscribe: Critical Point Podcast
$27.99 per month recurring. Billing begins two weeks from signup (a form of 2-week free trial). Cancel anytime.
Primary focus on the US stock market and the major grains. Short-term to super-long-term forecasts from the business cycle model, including signals.
Additional model-based opinion/signals include global stock market indexes, interest rates, dollar, bitcoin, gold, oil, the boom/bust cycle of the economy, and the cyclical climate events that can cause crop problems.
Email: [email protected]
Twitter: @rich_posson
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By Richard Posson
5
22 ratings
ISM's Manufacturing PMI jumped to 64.7 in March. The rating was the highest since 1983.
This signals US economic pace of growth is the fastest in decades.
This is in line with the business cycle model expectations for economic growth this decade.
In this episode I show a chart of the PMI, plus a chart of the Economy Trend Indicator.
To subscribe: Critical Point Podcast
$27.99 per month recurring. Billing begins two weeks from signup (a form of 2-week free trial). Cancel anytime.
Primary focus on the US stock market and the major grains. Short-term to super-long-term forecasts from the business cycle model, including signals.
Additional model-based opinion/signals include global stock market indexes, interest rates, dollar, bitcoin, gold, oil, the boom/bust cycle of the economy, and the cyclical climate events that can cause crop problems.
Email: [email protected]
Twitter: @rich_posson