In this episode, I discuss why the ISM services PMI is the most reliable macro indicator and that it points towards recession and a bear market.

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Citations:

Substack Article About Services PMI: https://nickpardini.substack.com/p/ism-services-and-fed-decision-mark

ISM Website: https://www.ismworld.org/supply-management-news-and-reports/reports/ism-report-on-business/

#economy #recession #globalmacro