The Market Is Watching PMI—And You Should Be Too Most folks out there don’t pay much attention to something like PMI. It sounds technical, maybe even a little boring. But after decades in this business, I can tell you plain and simple—PMI is one of the earliest warning signs we get when the economy starts to turn. PMI, or Purchasing Managers’ Index, gives us a real-time look at what businesses are actually experiencing on the ground. Not forecasts, not opinions—actual activity. It tells us whether companies are expanding, holding steady, or quietly pulling back. And right now, the signals coming from PMI data are making Wall Street uneasy. Growth expectations have shifted quickly, and the risks, as economists like to…
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