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US Manufacturing PMI Hits 116-Month Low—Time to Get Defensive?

Mayur Sontakke, CFA, FRM
US Manufacturing PMI Hits 116-Month Low—Time to Get Defensive?

Trade War Subdues Manufacturing PMIs around the World(Continued from Prior Part)US PMIIHS Markit released its May PMI data for the United States today. The release showed that the composite output index, which gauges output from both the