The Traderszone Network

Published in TZ Latest News 6 July, 2017 by The TZ Newswire Staff

Services Economy Rebounds But Stagflation Looms As Inventories Spike

Following the shizophrenic picture of Manufacturing in ‘Murica that we got earlier in the week, this morning’s Services surveys show a modest and consistent rise for Markit’s PMI (strongest since January with input prices soaring at the fastest pace in 2 years, and new orders at 5-month highs), and ISM’s (employment down as new orders rise).

 

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