Raoul Pal say money printer will go BRR when the ISM hits 50
I have set alerts for this
The ISM manufacturing index or purchasing managers' index is considered a key indicator of the state of the U.S. economy. It indicates the level of demand for products by measuring the amount of ordering activity at the nation's factories.
people are going to stop buying cars, stop spending money and demand will stop.
Suppliers have been increasing supply and a bullwhip will occur during high inflation
Recession is likely
The ISM manufacturing index or purchasing managers' index is considered a key indicator of the state of the U.S. economy. It indicates the level of demand for products by measuring the amount of ordering activity at the nation's factories.
people are going to stop buying cars, stop spending money and demand will stop.
Suppliers have been increasing supply and a bullwhip will occur during high inflation
Recession is likely