Most Reliable Macro Economic Indicator Points to Recession
An episode of the Analyzing Finance with Nick podcast, hosted by Nicholas Pardini, titled "Most Reliable Macro Economic Indicator Points to Recession" was published on May 8, 2024 and runs 5 minutes.
May 8, 2024 ·5m · Analyzing Finance with Nick
Episode Description
In this episode, I discuss why the ISM services PMI is the most reliable macro indicator and that it points towards recession and a bear market.
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Citations:
Substack Article About Services PMI: https://nickpardini.substack.com/p/ism-services-and-fed-decision-mark
ISM Website: https://www.ismworld.org/supply-management-news-and-reports/reports/ism-report-on-business/
#economy #recession #globalmacro
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