ISM Manufacturing PMI and S&P 500 Operating Margin

ISM Manufacturing PMI and S&P 500 Operating Margin The Manufacturing Purchasing Managers Index has peaked. Will S&P 500 operating profit margins roll over? Image: Morgan Stanley Wealth Management

NY Empire Manufacturing Survey vs. S&P 500 YoY

NY Empire Manufacturing Survey vs. S&P 500 YoY The NY Empire Manufacturing Survey turns negative. This does not bode well for the S&P 500. Image: BofA Global Investment Strategy