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bruceyam

recovery of the manufacturing cycle

Long
United States ISM Purchasing Managers Index (PMI) (ECONOMICS:USBCOI)  
bruceyam  
ECONOMICS:USBCOI   United States ISM Purchasing Managers Index (PMI)
Wave Analysis Fundamental Analysis Beyond Technical Analysis
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waveanalysis fundamental beyondta
After more than a year of manufacturing PMI stay below 50, meaning the manufacture activity is below average, recently (start Oct 2023) the manufacturing PMI seems recovering in US, UK, France, Italy, Greece. and if manufacturing is getting better, oil demand should be elevated and so the oil price.
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