‘Soft’ Survey Data Shows US Services Surging… And Plunging In August Following the rise in US Manufacturing surveys earlier in the week, US Services sector surveys were expected to show slight improvements S&P Global US Services PMI fell to 54.5 (August final) from 55.7 in July and August flash of 55.4. ISM US Services PMI rose to 52.0 from 50.1 in July (better than the 51.0 exp) – the best ISM Services print since Liberation Day And all that as ‘hard data’ went nowhere… Source: Bloomberg Under the hood of the ISM beat we saw New Orders soar, employment stagnate, and… — Continue at ZeroHedge News : Read More
