‘Soft’ Data Slammed: US Services, Manufacturing PMIs Plunge To 6-Month Lows
by Tyler Durden
ZeroHedge.com
Mar 24, 2017
Following Europe’s surging PMIs (to six year highs), US data was extremely disappointing. Both Services and Manufacturing PMI disappointed, tumbling to the lowest levels since before the election. Simply put, the ‘soft’ data is converging back lower to the dismal reality of the ‘hard’ data.
Hope is hot in Europe…
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