The long-term performance forecast for the Global Market Index (GMI) continued to increase in November, marking a full reversal of the recent slide in ex ante data. Today’s estimate also marks the highest return outlook in recent history and is modestly above the previous month’s forecast.
Daily Archives: December 3, 2024
Macro Briefing: 3 December 2024
US manufacturing contraction eased in November, according to the survey-based ISM Manufacturing Index. The 48.4 reading is the highest since June, but remains well below the neutral 50 mark.
