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JP Morgan’s Global Manufacturing PMI contracted again in September, with a reading of 48.9; PMI values below 50 signify contraction and PMI values above 50 indicate expansion. The September Global PMI was slightly higher than August’s PMI of 48.1, indicating … Continue reading
No country’s economy is an island. Even the US economy, which accounts for 28% of global GDP, is heavily dependent on other countries. Foreign sales as a percentage of total sales for S&P 500 companies are approaching 50%. As a … Continue reading