Stocks Selloff Amid Flurry of Economic Data
Stocks are lower across the board this morning after several days that saw economic data come in below forecast. Manufacturing and Composite PMIs across the globe are lagging and bankruptcies are rising and the Logistics Managers Index just put in another all time low. There are silver lining however as India's economy continues to grow substantially, 4th of July travel set records, and US auto sales are proving stubbornly resilient.
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#recession #PMI #logistics
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