- Prior was +28
- Composite index +23 vs +25 prior
This is normally a low-tier indicator but there's been some buzz about this edition because of other soft regional manufacturing indexes and the broad (and sharp) deterioration in US economic data.
This is normally a low-tier indicator but there's been some buzz about this edition because of other soft regional manufacturing indexes and the broad (and sharp) deterioration in US economic data.
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Tax refunds up 10.9% but below forecasts. Higher earners see bigger gains; many miss out.
INR plunges past 95/USD, worst drop in a decade. RBI intervention sparks volatility & short squeezes.
Block's Square auto-enables Bitcoin payments for US sellers. Stock (XYZ) up 1% to $56.76, down 11% monthly.
CPG stocks face structural headwinds, impacting valuations. KO, PG, CL, CHD outperform; GIS, CPB plunge 20%.
MAN drops 25% to $28.39, trading at 7.9x P/E. Declining EPS & ROIC signal risk despite cheap valuation.
Graco's 6.3% sales growth & declining ROIC raise flags. At 26.7x P/E, it's a pass.
Diesel hits $5.38/gal amid Iran conflict & refinery fire. Spot carriers face margin squeeze; contract rates offer protection.
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