New US data: Recession signals are flashing [Video]
|The latest US ISM Manufacturing Report on Business is warning of a recession in the US and components within the report are signalling a deterioration in US GDP from this month into the end of the year. Meanwhile, the new JPMorgan Global Manufacturing PMI shows the recession risk is global
Join me as I break down the latest macro data warning of a Global Recession, outline the major Risk Off Quantitative signal that triggered yesterday (and signalled the Top in the SP500 in July) as well as highlight the Monthly Targets for the SP500, Nasdaq, Dow Jones and Russell 2000
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