Tag: Supply chain disruptions
US Manufacturing PMI Drops to 46.5, Prices Surge – Action Forex
The US manufacturing sector experienced a decline in October, with the ISM Manufacturing PMI dropping from 47.2 to 46.5. This was below the expected 47.6 and marked the lowest level since July 2023. It...
Demand for Lower Prices Rises as Politicians and Customers Pressure Companies
Politicians and consumers are putting pressure on companies like Kroger, Walmart, and McDonald's to lower their prices due to rising inflation concerns. The issue of high inflation has become a hot topic in the...
The Unlikelihood of a Global Recession in the Near Future
As investors around the world anxiously watch the global economy, the recent weak jobs report in America has sparked concerns about a potential recession. The stock markets in the United States have experienced a...