Greetings, Administrative Update As a reminder, the Daily Shot will not be published on Friday, July 3rd. United States: The ISM Manufacturing PMI, a closely watched indicator of US factory activity, topped economists’ forecasts. The headline index saw the biggest monthly increase in June since 1980 as manufacturing returns to growth (PMI > 50). Pandemic-related …
The Daily Shot Brief – July 1st, 2020
Greetings, United States: At this point, over 40% of the population has seen reopening halted or reversed (2 charts). China: The June Markit Manufacturing PMI report topped economists’ expectations. Factories are now firmly in growth mode. Energy: US energy CapEx is rebounding, according to Morgan Stanley. Credit: This chart shows US …
