NEW Central Bank Report Reveals What's Coming
Eurodollar University
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The Impact of Manufacturing PMIs and Potential Rate Cuts on the Economy
The speakers discuss the significance of manufacturing PMIs, emphasizing the potential consequences of layoffs in the manufacturing sector. They highlight how this can trigger a decline in income, spending, and job losses, ultimately leading to a downward economic spiral. Additionally, they suggest that rate cuts by central bankers may not indicate a strong recovery but rather a recognition of a deteriorating economy, and predict that the Fed will eventually lower interest rates to address the situation.
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