ISM:MAN_PMI   ISM Manufacturing Index
In May we find out how much damage the Corona virus has caused.
I expect an index around 28 and it will confirm the recession. Now this is a lagging indicator which means that things happen first and then shows how much growth has been effected the month before.

In my opinion, the coming years will be very hard. High unemployment figures, bankruptcies, unrest among the population, higher crime rates in society and very pressured politicians who will be held accountable for doing too little. Chaos will arise in many countries that have weak politicians with low confidence and change will also happen in many of them. If the change happens for the better or worse, the future may turn out.


Nice Analysis.
Investoz bhaveshsharma
@bhaveshsharma, I see that you changed the first comment and erased it. Thank you for the last one! :) To answer that previous comment is that the S&P 500 on april 1, was up approximately 9 % and had its lows 10 days before ISM came out. For ISM and anything else for that matter, economists makes a forecast before any news comes out. If the figures are better than the expectation, you will likely see a positive move and vice versa. Anyway, thank you for your feedback. I always appreciate good tone and comments about my posts.
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