MAN_PMI
In May we find out how much damage the Corona virus has caused.
I expect an index around 28 and it will confirm the recession. Now this is a lagging indicator which means that things happen first and then shows how much growth has been effected the month before.
In my opinion, the coming years will be very hard. High unemployment figures, bankruptcies, unrest among the population, higher crime rates in society and very pressured politicians who will be held accountable for doing too little. Chaos will arise in many countries that have weak politicians with low confidence and change will also happen in many of them. If the change happens for the better or worse, the future may turn out.
I expect an index around 28 and it will confirm the recession. Now this is a lagging indicator which means that things happen first and then shows how much growth has been effected the month before.
In my opinion, the coming years will be very hard. High unemployment figures, bankruptcies, unrest among the population, higher crime rates in society and very pressured politicians who will be held accountable for doing too little. Chaos will arise in many countries that have weak politicians with low confidence and change will also happen in many of them. If the change happens for the better or worse, the future may turn out.
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