5min chapter

Moody's Talks - Inside Economics cover image

Mispriced Markets, Miserable Outlook

Moody's Talks - Inside Economics

CHAPTER

The US Composite Purchase Managers Index

S&P is a competitor of Moody's. Are you talking about? They're bad. This is bad. I'm going to lost. Is the stock really the stock market in some way, Chris? No. Bond market. We can't hear you. You're on mute. The year-to-date inflation numbers are 4.1%. It's the S&P 500 adjusted for discount rates. So it's up through the long term and what we're essentially seeing here is that people are feeling they're not feeling good. That will be reflected in kind of a weaker kind of ISM number but that the square isn't the S&p number with the ISM numbers

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