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Apr 07 2022

Signs Of “Demand Destruction?”

  • Apr 7, 2022

They are simple measures, but our “NOPE” Indexes capture (as well as anything) the escalating inflation squeeze on businesses and consumers. To recap, the NOPE is the spread between the ISM New Orders Index and the Price Index, which can be calculated for both the Manufacturing and Services sectors.


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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager