PMI Continues To Question Reality

Hedge Fund Manager, Owner of ValuePlays and Angel Investor • Jan 9, 2026 at 1:58 PM EST

December PMI declines to 47.90 with persistent pessimism as the revised Nov Industrial Production(IndPro) level held near its recent highs.

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Dec PMI declines to 47.90 with persistent pessimism as the revised Nov Industrial Production(IndPro) level held near its recent highs.

This enormous discrepancy in market psychology represented by the PMI vs economic activity represented by IndPro makes discounted industrial issues the better investment choices.

More By This Author:

Industrial Production And Manufacturing Capacity Revised Higher
Private GDP Expanding Faster Than GDP
Fuel For A Continued Bull Market

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