Founder/CEO - Global Macro Investor and Real Vision Group, Business Cycle Economist, Investment Strategist, Economic Historian, Traveller and Rum Drinker..
Jul. 28, 2019
1 min read
There are only three PMI's in the world that are above 50 - India, Brazil and the US. All three are decelerating too. A reading blow 47 usually signals recession. All PMI's are falling very fast currently. A global recession is just a few months away.
Here is the global PMI...
And here is global GDP...
Good luck avoiding a recession.
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