Shivendra | Peaceful Weekend Investing on Instagram: "JP Morgan’s latest S&P Global PMI data tells a very different story from the headlines. Manufacturing PMI below 50 = contraction. Above 50 = expansion. Europe? Mostly below 50. Germany? Contracting. France? Weak. India? Around 55. That’s expansion. Not once. Consistently. PMI is a leading indicator. It moves before GDP. Before earnings. Before the news cycle shifts. This doesn’t mean markets go straight up. It means positioning should follow
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