composite and service sector purchasing manager surveys
U.S. Birthday Holiday Underway But Also Many Service Sector Purchasing Manager Surveys Released
July 3, 2026
Overnight dollar movement was generally muted except for a 0.6% drop against the Korean won. The weighted DXY dollar index is down only 0.1%. There have been several significant upward movements of equity markets around the Pacific Rim led by a 5.8% rally in South Korea and including gains of 2.3% in Indonesia, 1.5% in […] More
Another Upbeat Day in the Marketplace in Spite of Ongoing U.S. Shutdown and a Disappointing ISM Non-Manufacturing PMI Report
October 3, 2025
U.S. equities rose further into record territory, led by a 1.2% advance thus far in the small cap-laden Russell 2000 (+1.2%) and a 0.9% climb in the DOW. Key stock markets from other economies have also experienced a fine day, with advances of 2.7% in South Korea, 1.5% in Taiwan, 1.9% in Japan, and 0.6% […] More
Festering Concerns
October 3, 2024
It’s getting harder for investors to overlook the coming U.S. election, now less than five weeks away and still fraught with uncertainty. A strike of U.S. dockworkers along the Gulf and Eastern seaboards could not have come at a more awkward time. The possibility of a full-blown, multi-front war in the Middle East sucking in […] More
Contending With Super Tuesday Primaries, China’s Lackluster Growth Outlook, and Uncertain Monetary Policy
March 5, 2024
There’s an uneasy mood in the financial community. The likelihood of a second and far more chaotic Trump presidency keeps growing. Once today’s U.S. primary results are counted, the Republican nomination race will be effectively over. Meanwhile, the Democrats can’t find a convincing way to dispel comparisons of Biden’s current health to those of Woodrow […] More