Weakest services PMI since May 2020

⚠️ U.S. IHS Markit Services PMI Final (Jul): Act: 47.3Prev: 52.7Fcst: 47 Business activity declines for first time in over two years amid soft demand conditions Fastest fall in output since May 2020https://t.co/b33hpiVcN4 pic.twitter.com/vDlMiTtDVy — PiQ (@PiQSuite) August 3, 2022 …

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Collapse begins on the outside with the weakest and moves to the center and strongest

https://www.reuters.com/markets/commodities/yemen-replaces-central-bank-governor-deputy-governor-amid-currency-collapse-2021-12-06/ Yemeni President Abd-Rabbu Mansour Hadi replaced the central bank governor and deputy governor on Monday amid an unprecedented collapse in the local currency. The Yemeni state news agency SABA, quoting a presidential decree, said Ahmed bin Ahmed Ghaleb Al-Maabqi …

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Global Economy Weakest Since Financial Crisis… The Probability Of A Major Contraction In The Economy Shot Up To 73%, From Just 24% In December… Investors Are Starting To Become Concerned

Global Economy Weakest Since Financial Crisis (Bloomberg) — The global economy’s sharp loss of speed through 2018 has left the pace of expansion the weakest since the global financial crisis a decade ago, according to Bloomberg Economics. Its new GDP …

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