Connect to share and comment
Recent data seems to point that way
In the past several hours, we've received two big negative datapoints indicating the world is slowing.
First, South Korean export data — which is one of Jim O'Neill's favorite datapoints — was very weak.
Then UK PMI just came out, and confirmed that exports were slowing to Europe, Asia, and the US.
We'll known a lot more over the next 24 hours.
US ISM is coming out in a few hours, and then we get the rest of global PMIs starting tonight. The overall temperature of the world's economy will be more clear.
More from our partners at Business Insider: