PMI this chart is confirming the falling PMIs around the world..

Fresh figures Monday showed that an industrial downturn has gripped factories in the eurozone’s biggest countries, including Germany, the region’s economic powerhouse, as well as major Asian exporters such as Japan and South Korea. The new data added to expectations that central banks will continue to loosen monetary policy to combat the slowdown.


READ  Mind the gap! It looks like taxes will have to be raised b/c spending increases have exploded. (Chart via SRP)
READ  Rest of world locking down food supply, we are selling to ours