Tom Lee links the ISM supercycle to potential new highs for Bitcoin and Ethereum as manufacturing growth signals a bullish cycle.
The Institute for Supply Management’s (ISM) Manufacturing Purchasing Managers’ Index (PMI) has historically aligned with major peaks in Bitcoin’s market cycles — a pattern that, if repeated, could ...
The ISM manufacturing Purchasing Managers' Index inched up to 47.2 in August but remains in contraction territory for a fifth straight month. The month before a recession, the index has ranged between ...
The ISM (Institute for Supply Management) Manufacturing PMI decreased to 48.2% in November, marking the ninth consecutive month of contraction. This figure is 0.5 points below the October reading of ...
ISM Services PMI for May came in below the market expectation. The USD stays under selling pressure in the American session on Wednesday. As an economist at heart, Eren Sengezer specializes in the ...
Kevin Kelly, co-founder and Head of Research at Delphi Digital has presented a compelling argument suggesting that the cryptocurrency market is on the brink of entering a new cycle. Drawing on ...
We’re at an interesting point in the business cycle. There are signs that growth is waning, however, it doesn’t yet appear like a time to panic. The ISM index has been particularly notable. Last ...
ISM Services PMI decreased from 56.0 to 52.1. S&P Global Services PMI improved from 55 to 56.1. Factory Orders increased by 0.2% month-over-month in October. On December 4, 2024, the Institute for ...
The ISM (Institute for Supply Management) Manufacturing PMI registered 48.7% in April, indicating contraction at a faster rate when compared to the March reading of 49%. “Of the five subindexes that ...
(Reuters) -U.S. services sector activity unexpectedly flatlined in July with little change in orders and a further weakening in employment even as input costs climbed by the most in nearly three years ...
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