No Jolt to the Labor Market (Capital Market Research) (Weekly Market Outlook

However, as of March the manufacturing PMI was growing again, implying In the Philippines, industrial production growth likely slowed upside for the production side of the economy in the latter to 1.7% year on year in volume terms in February from 1.9% half of the first quarter. [...] The average spread since the The overall default tally was 23 in the first two months of high-yield market was established in the 1990s is about 500 this year, up from 19 in the comparable period of last year. [...] The longer the Fed waits, the higher the odds that the Labor market inversion unveils fault lines in the fragile sector, resulting in broader economic consequences. [...] From the the averages of the five years prior to the pandemic; the fourth quarter to the first, backlogs shrank most in other sectors of other transport equipment and other transport equipment. [...] The better-than-expected reading was flattered by low base effects—Lunar New Year After the wobbly start to the year, the People’s Bank of celebrations fell in February this year, as opposed to in China took the rare step of trimming the reserve January last year.