📊 Flash PMI September — Both Sectors Surge Sharply. Services: 58.7 — Well above forecast (55.8) and prior month (56.5). Strongest reading in years. Manufacturing: 57.0 — Significantly above forecast (53.7) and prior month (53.9). Also at a multi-year high. Both sectors rising strongly at the same time — this is not an outlier; it’s a broad growth signal. The U.S. economy is currently growing robustly, despite last week’s rate hike, geopolitical tensions, and stagflation concerns. For Walsh and the October decision: These numbers provide ammunition for another hike. Strong growth plus persistent inflation — no case for a pause. #PMI #USA #Economy #Fed #InterestRates #October #Markets
Daniel SchollererShare
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