Preliminary April 2025 purchasing manager survey results
Another About-Face in the Marketplace
April 23, 2025
Markets improved dramatically after flip-flopping President Trump changed his tone in two respects, signaling no intention of firing Powell and turning down the heat against China and in other trade negotiations. The weighted DXY dollar index has strengthened 0.8% so far today. Major U.S. stock indices have rebounded 1.5-3.0%. Equities are also sharply higher in […] More
