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Jul 08 2022

Looking “Bustier?”

  • Jul 8, 2022

Key indicators are indeed trending in “pre-recessionary” fashion. Among them is the ISM New Orders Index, which dipped into contraction territory in June while inventories increased. Others are the JOLTS that shows a strong (but weakening) labor market, and unemployment claims—which have ticked up.

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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager