Industrial Production Continues To Invalidate PMI
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“Davidson submits:
While July’s Industrial Production was 103.9867, the June report was revised higher(as were prior months) making June 2025 the series record at 104.1137. This occurred with the manufacturing PMI falling back to 48 indicating the presence of recession.
The discrepancy between these series marks a significant buying opportunity for industrial issues in my opinion.
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Disclaimer: The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or ...
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