PMIs Head to China

The video discusses the current estimates for manufacturing and nonmanufacturing sectors, focusing on China's PMI expectations amid economic shutdowns. It highlights potential discrepancies in data reliability and examines European PMI quirks related to supply chain disruptions. The conclusion emphasizes skepticism about the reported figures and the real economic impact.

What is the speaker's expectation regarding the upcoming PMI numbers?

What is the speaker's perspective on the narrative that the economy is recovering?