US Services Surveys Confirm “Baffle ‘Em With Bull$hit” Season Is Back… After the disaster that was the Manufacturing surveys earlier in the week, the Services surveys are the ‘soft landing’-narrative-believers last great hope ahead of tomorrow’s all-important payrolls print to save the day. S&P Global’s Services PMI jumped from its flash print of 55.2 to a final August print of 55.7 (up from the 55.0 in July) – that is the highest since March 2022. ISM Services rose from 51.4 to 51.5 (barely beating the 51.4 expectations) And all that ‘soft’ data improving as ‘hard’ data languishes… Source: Bloomberg ISM’s… — Continue at ZeroHedge News : Read More
Home » US Services Surveys Confirm “Baffle ‘Em With Bull$hit” Season Is Back… – Tyler Durden