Business Cycle Shows Early Signs of Recovery

[bonk]

Although the ISM Manufacturing PMI remains below 50 at 48.7, indicating contraction, New Orders are rising (48.9 → 49.4), signaling potential forward growth.

Taken together with stable inflation and a temporary liquidity freeze, analysts suggest that the weakest point of the business cycle may already be behind us, setting the stage for a potentially volatile and interesting December for markets.

[EmTeam]

Finally seeing green shoots — credit easing could fuel Q1 rallies.

[EmTeam]

Macro sentiment turning slowly, but liquidity is still the missing key.