mishtalk.com / Mike “Mish” Shedlock / July 3, 2017
The manufacturing soft-data reports have been nearly unanimous in reporting widespread strength that has not shown up in any hard data reports.
One exception has been Markit’s US Manufacturing PMI report that has consistently been of a muddle-through quality.
Let’s compare the ISM Report on Business to Markit’s PMI, both out today.
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