Raoul Pal @RaoulGMI 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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