Monthly Archives: July 2024

World on Fire: David Brooks

Posted on July 4, 2024 by macromon

This 👇.  A must view.

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Sharp Drop In ISM Services Index

Posted on July 3, 2024 by macromon

The Services PMI® fell to 48.8% in June 2024 compared to May’s reading, contracting at the fastest pace in four years. This drop reflects declines in business activity, new orders, and employment, alongside challenges in supplier deliveries and inventory management. … Continue reading →

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Open Convention? Think Lincoln’s 1860 Cage Fight

Posted on July 2, 2024 by macromon

The Dam Is Breaking Probably only a matter of days if not hours before Biden stands down.  Those worried about a messy convention should study the 1860 Republican Convention – in Chicago, by the way – and how Honest Abe … Continue reading →

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Global PMI: Input costs rise to a 16-month high

Posted on July 1, 2024 by macromon

Take heed, folks; input costs, as measured in the latest release of the Global Manufacturing PMI, are rising at the fastest clip in 16 months. Manufacturing input costs were a leading indicator of the last wave of inflation.   Measured overall, … Continue reading →

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