PMI data Recession and $SPX correationWhat is a good PMI index?
A PMI index over 50 represents growth or expansion within the manufacturing sector of the economy compared with the prior month. A reading under 50 represents contraction, and a reading at 50 indicates an equal balance between manufacturers reporting advances and declines in their business.
PMI can anticipate GDP behavior
CME_MINI:ES1! CAPITALCOM:US30 SP:SPX OANDA:SPX500USD