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A decision has collectively been made on the second half rebound.
The manufacturing recession has reached its critical point where producers have to decide to keep workers or start laying them off. Unemployment is now rising because the second half economic rebound just isn't happening. Instead, work is disappearing as new sales fail to materialize forcing companies worldwide to make their choice.
Eurodollar University's Money & Macro Analysis
S&P Global US Manu
https://www.pmi.spglobal.com/Public/Home/PressRelease/347746d7505243f8b84ca01657a4410a
JPM Global Manu
https://www.pmi.spglobal.com/Public/Home/PressRelease/f3b0f0fdd3a2474f918a7a3e736e77ce
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The skinny
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