Forward thinking investors respond to disappointing data | Morning Markets

True Potential Morning Markets
04/07/2024 3 min

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Episode Synopsis

Chris Leyland, Director of Investment Strategy, breaks down the figures from the Institute for Supply Management who provide a report on the US’ purchasing and supply executives. Despite a lower than expected performance in recent months it is backed by historically strong figures and investors are digesting the softer economic data positively as they believe it increases the chances of an interest rate cut in September. Do you believe this could be a step towards an interest rate cut?

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