Another relative ouch: March ISM Services at 50.8 vs. 52.9 est. & 53.5 prior; new orders fell to 50.4 vs. 52.2 prior; prices paid down to 60.9 vs. 62.6; business activity rose to 55.9 from 54.4; employment dropped to 46.2, lowest since December 2023
Services spending slowing down … looking at 3-month average of monthly % change in restaurant/bar retail sales, February marked second consecutive decline
@saxena_puru But the 2 year and 10 year yield reversion has not revert yet. Does it usually take about average two months to see the recession after 2 and 10 year yields no longer invert?
Leadership is about competencies, not stereotypes. It can be cultivated in leadership attributes, such as integrity, initiative, honest, result driven, and motivation. — Nitin Deckha #firstclass
@ChrisBloemers@Xaveak0@unusual_whales Assuming Inflation annual rate for 2020 to 2022 is about 10%. To be even, the stock price should be (1+0.1)*(1+0.1) . As an increase percentage, it should be (1+0.1)^2 -1, which is 21%. That says that the stock should increase 21% over their 2020 value to be equal.