🚨 U.S. ISM Manufacturing PMI just surged! 📈
This isn’t just another growth number — sharp rebounds in late-cycle, tight-liquidity environments often reprice markets.
Why it matters:
• PMI tracks forward demand, new orders, and business expectations
• Strong prints can fuel optimism → then repricing as policy pressure grows
• Sustained strength = slow market adjustment; fading strength = quick confidence flip
History shows these late-cycle PMI spikes signal risk or opportunity, not neutrality.
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