Slowdown! US PMI Composite Index Slumps To 44.6 As M2 Money Growth Slows (Fed Tightening Starting To Hurt)
by confoundedinterest17 The US Composite PMI was released this morning and it printed at 44.6. Not surprising given that M2 Money growth has slowed as The Fed removes its monetary punch bowl. M2 stimulus is foul-tasting for the middle class and …