What are the implications of the manufacturing data rolling over with no signs of a bottom?
The Story Behind Manufacturing
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Joe Wiesenthal discusses the latest US manufacturing data, highlighting the concerning ISM report and the collapsing prices paid index, which may indicate deflation. Despite manufacturing being a smaller part of the economy, its historical significance makes the data important. The video concludes with a comparison to the services sector and a cautious outlook on the economy.
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What does the speaker mean by 'that's my killer chart'?
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