Global Manufacturing PMI and Global Consumer Discretionary vs. Staples The global consumer discretionary vs. staples relative performance suggests that the global manufacturing PMI could be trending towards expansion, which is good news. Image: Topdown Charts
ISM Manufacturing PMI and U.S. Recessions When the U.S. ISM Manufacturing PMI falls below 45, recession risks are rising significantly, as the manufacturing sector is experiencing a sharp decline. Image: BofA Global Investment Strategy
U.S. Dollar Index (DXY) vs. Manufacturing PMI (U.S. Minus Global Ex-U.S.) Will the U.S. dollar continue to weaken? Image: BCA Research
S&P 500 Price Returns Based on U.S. ISM Manufacturing PMI Levels The U.S. ISM Manufacturing PMI between 45 and 50 is historically bullish for U.S. stocks over the next 12 months. Image: MarketDesk Research
Russell 2000 / S&P 500 vs. ISM Manufacturing PMI (Leading Indicator) The performance of U.S. small caps relative to the S&P 500 suggests a decline in the ISM Manufacturing PMI. Image: Morgan Stanley Research
Nominal Effective U.S. Dollar and China Manufacturing PMI China’s rising manufacturing PMI is bearish for the U.S. dollar. Image: Alpine Macro
Philadelphia Fed Manufacturing Index vs. U.S. ISM Manufacturing PMI The Philly Fed Manufacturing Index could lead to a further dip in the ISM Manufacturing PMI. Image: The Daily Shot
Conference Board U.S. Leading Economic Index vs. ISM Manufacturing New Orders vs. ISM Manufacturing PMI The current reading of the U.S. LEI could result in lower ISM in the next few months. Image: Morgan Stanley Wealth Management
U.S. ISM Manufacturing PMI vs. Manufacturing Surveys with Advanced Releases Will the U.S. manufacturing sector struggle to recover in the near-term? Image: Morgan Stanley Research
U.S. ISM Manufacturing PMI vs. Philly Fed Futures Orders (Leading Indicator) Will the ISM Manufacturing PMI fall further, as a recession is looming in the United States? Image: Topdown Charts