Click For Photo: https://www.zerohedge.com/sites/default/files/styles/max_650x650/public/2018-12/2018-12-06_7-01-45.jpg?itok=hBLncPcY
Additionally, from Markit, is the fact that November saw the weakest rise in composite new orders in 13 months.
And then there is ISM's data - which for Manufacturing was 180 degrees from Markit's.
ISM - Manufacturing - November - ISM - Services
ISM Manufacturing upticked in November, and so did ISM Services!
Index - Institute - Supply - Management - Survey
The non-manufacturing index rose to 60.7, an Institute for Supply Management survey showed Thursday. That compared with estimates for a decline to 59. The advance was led by business activity and new orders, while a gauge of inventories rose for a third month.
So ISM sees new orders rising but Markit sees it plunge?
ISM - Report - Trade - Tensions - Growth
However, ISM's report also indicated that continuing trade tensions and easing global growth are affecting service providers, a trend weighing on investors' perceptions of the economic outlook. Export orders decelerated by the most since May while a measure of imports rose the most since March.
Commenting on the PMI data, Chris Williamson, Chief Business Economist at IHS Markit said:
"... and continuing to add...
Wake Up To Breaking News!