ISM Services Survey Surged In July… After the shitshow of Soft Survey data on the Manufacturing sector last week, analysts are hoping for some heroics from the Services sector. Amid the collapse in ‘hard’ data, soft survey data remains the last great hope for saving Bidenomics (with all hopes on a big rebound in ISM from last month’s plunge)… S&P Global US Services PMI dropped from 55.3 to 55.0 (below 56.0 expectations) ISM Services PMI surged back from 48.8 to 51.4 (510.0 exp) Source: Bloomberg And while payrolls and orders hard data have been a disaster, the soft-survey data shows… — Continue at ZeroHedge News : Read More
