Below is the "Chart of the Day" from today's Early Look written by Hedgeye Director of Research Daryl Jones and a brief excerpt. If you're interested in learning more about how we approach protecting and growing our capital, make sure to download Keith's free 52-page eBook below.
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However, where the February ISM data gets more interesting is in new orders. Both Services and Manufacturing orders decelerated from January to February. The decline in Services was marginal, but as we highlighted in our Chart of the Day below, Manufacturing orders dropped significantly—from 55.1 to a contractionary 48.6. |
