FYI: Economic data to kick off the month hasn’t exactly been positive as the April read on ISM Manufacturing came in weaker than expected, falling to its lowest level of the year. While economists were forecasting the headline reading to come in at a level of 56.5, the actual reading fell to 54.8, making it the biggest miss relative to expectations since last September’s report for the month of August.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/ism-manufacturing-miss/