ISM Smashes Expectations As New Orders Soar To 16 Year High

JimBowie1958

Old Fogey
Sep 25, 2011
63,590
16,758
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MAGA ! ! !

US industrial orders have broken 16 year old records as trump leads our economy back to roaring highs.

Following more rebounds in 'soft' manufacturing survey data in Europe and Asia (and LatAm - Brazil Manufacturing PMI exploded to a record in July), both ISM and Markit's measures of US manufacturing sentiment were expected to continue their v-shaped recovery, and they did just that, when first the Markit PMI printed at 53.1, the highest level since January 2019, followed by the ISM Manufacturing, which smashed expectations, printing at 56.0, the highest since November 2018.

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Now is that a V shaped recovery or is that a freaking MIRACLE!

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MAGA! MAGA! MAGA! MAGA! MAGA! MAGA! MAGA! MAGA! MAGA! MAGA! MAGA! MAGA! MAGA! MAGA! MAGA! MAGA! MAGA! MAGA! MAGA! MAGA! MAGA! MAGA! MAGA! MAGA! MAGA! MAGA! MAGA!
 
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