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#1226 Darius Dale | Wall Street Is Calling The Fed's Bluff?!
The Pomp Podcast
The Bottoming of the ISM Manufacturing PMI
The ISM manufacturing PMI is one of the most widely followed economic indicators out there with data going only back to the late 1940s. And as you can see in the most recent month, the June data we got earlier this month, stick down to 46.0. That was a fresh cycle low and it's bounced, you know, stages of cyclical rebound to plus two. But certainly that's something that looks like it could be supportive at the margins of,. you know, this kind of equity bull market"
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