bearish

US: Recession Risk up Sharply as NFP and ISM Manufacturing Signal Downturn Ahead

Prasenjit has highlighted this Insight as a Top Pick
259 Views10 Sep 2024 04:09
Unemployment rate (avg 4.2% in Jun-Jul'24) is 0.57% higher than Nov'23-Jan'24, indicating recession ahead; so does deterioration in ISM mfg new orders. But politics to ensure only a 25bp cut next week
What is covered in the Full Insight:
  • Overview of Economic Indicators
  • Non-Farm Payrolls and Unemployment
  • Core PCE Inflation and Federal Reserve Policy
  • ISM Manufacturing PMI and Global Trade Impacts
  • Projections and Upcoming Catalysts
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