Recession 2020

Are V-shaped PMIs Misleading?

The recent rise of PMIs may be overstating the extent of the global economic recovery. Economic conditions look to be the best in a while for the US and most European countries, at least according to recent readings of the popular Purchasing Manager’s Index (PMI). Ever since the global recession started to unravel in March, economists and market analysists alike… Read More »Are V-shaped PMIs Misleading?