U.S. ISM Factory Index Sinks to 10-Year Low of 47.8

The video discusses the economic impact of the trade war, highlighting a shift in growth patterns under the Trump administration. It examines market reactions to recent PMI and ISM data, suggesting a slowdown rather than a recession. Additionally, it covers Japan's consumption tax hike and its potential negative effects on the global economy.

What has been a significant factor in the gradual decline of growth under the Trump administration?

• Technological advancements

• Rising oil prices

• Trade tensions

• Increased consumer spending

How did the US manufacturing PMI data compare to forecasts?

• It was not released

• It was better than forecast

• It matched the forecast

• It was worse than forecast

What is the speaker's view on the possibility of a US recession?

• The US economy is booming

• A recession is already happening

• There is no compelling evidence of a recession

• The US is definitely heading into a recession

What change occurred in Japan on October 1st?

• A decrease in interest rates

• An increase in the consumption tax

• A rise in export tariffs

• A new trade agreement

Why does the speaker criticize Japan's tax hike?

• It is seen as a self-inflicted wound

• It will boost the economy

• It aligns with global economic trends

• It will decrease government revenue