Despite Soft Survey Data Rebound In May, PMI Signals 37% Collapse In US GDP

May 21st 2020 9:53am EDT

Despite Soft Survey Data Rebound In May, PMI Signals 37% Collapse In US GDP Tyler Durden Thu, 05/21/2020 – 09:53 Since its record collapse in April, US economic data has surprised to the upside (admittedly against depression-esque expectations) and stocks have soared as if the pandemic never happened. This has sparked a renaissance in economists’ […]

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