Saturday , June 6 2020
Home / David Stockman /Dream On! It’s About A Lot More Than The 12% (Mfg. Sector)

Dream On! It’s About A Lot More Than The 12% (Mfg. Sector)

Summary:
So, manufacturing is in really rough shape, but what about the larger maybe more pivotal service sector? That’s where the real bad news comes in. Markit’s Services PMI dropped from 53.0 in July to 50.9 August. It had rebounded last month which many believed would continue since it was, purportedly, the US economy finally showing its employment-based strength. https://www.alhambrapartners.com/2019/08/22/way-beyond-the-12/

Topics:
David Stockman considers the following as important:

This could be interesting, too:

David Stockman writes Lockdown Nation Has Been Duped

David Stockman writes The Coming Bond And Real Estate Collapse—Epicenter Of The Next Crash

David Stockman writes The “Powell Bubble” Up Close And Scary

David Stockman writes It Was The Lockdowns, Stupid! Unemployment Far Worse in Lockdown States, Data Show

So, manufacturing is in really rough shape, but what about the larger maybe more pivotal service sector? That’s where the real bad news comes in. Markit’s Services PMI dropped from 53.0 in July to 50.9 August. It had rebounded last month which many believed would continue since it was, purportedly, the US economy finally showing its employment-based strength.

https://www.alhambrapartners.com/2019/08/22/way-beyond-the-12/

David Stockman
David Alan Stockman (born November 10, 1946) is a former businessman and U.S. politician who served as a Republican U.S. Representative from the state of Michigan (1977–1981) and as the Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan.

Leave a Reply

Your email address will not be published. Required fields are marked *