US Services PMI Plunges Unexpectedly To 5-Month Lows As Business Outlook Slumps

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US Services PMI Plunges Unexpectedly To 5-Month Lows As Business Outlook Slumps

zerohedge2021-07-23

After US Services PMI (and ISM) unexpectedly plunged from record highs in June, analysts expected the plunge to stop in preliminary July data (despite an ongoing downtrend in 'hard' economic data ...

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Leira
·2021-07-25
The trough after the peak…
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2
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- Leira:
  [What]
  2021-08-02
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- zhuoyongquan:
  Lol
  2021-08-01
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- zhuoyongquan:
  Lol
  2021-07-30
  Reply
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XiaTian
·2021-07-25
Oops
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7
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- SGT:
  [Miser]
  2021-07-25
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- XiaTian:
  [Smile] low
  2021-07-25
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Rudyy
·2021-07-25
Like
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1
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- Stchua:
  Done
  2021-07-25
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Jazling
·2021-07-24
Wow
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1
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- Jazling:
  Ok
  2021-07-24
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MysteryCow
·2021-07-24
Wnndbsnwndc
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MysteryCow
·2021-07-24
Ok
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psbrar
·2021-07-24
Good info
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littlekitten
·2021-07-24
Good!
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- Zhengxiang:
  [Cool]
  2021-07-24
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Zulaikha
·2021-07-23
Good
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ychong87
·2021-07-23
FAANG still all time high.
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about the year ahead to the lowest seen so far this year.The concern is this drop in confidence could feed through to reduced spending, investment and hiring, adding to the possibility that growth could slow further in coming months.”\nFor context, the US Composite index is now running below that of Europe's...\nSource: Bloomberg","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":177235939,"gmtCreate":1627221469821,"gmtModify":1703485709317,"author":{"id":"3574670459862914","authorId":"3574670459862914","name":"Leira","avatar":"https://static.tigerbbs.com/c093de36b9faf1e806c55a60e221cb74","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3574670459862914","authorIdStr":"3574670459862914"},"htmlText":"The trough after the peak…","listText":"The trough after the peak…","text":"The trough after the 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