MNI Marvels At Sheer ‘Hugeness’ Of Dastardly Chicago PMI Miss

MNI Marvels At Sheer ‘Hugeness’ Of Dastardly Chicago PMI Miss

"Huge miss for @MNINews Chicago PMI", exclaimed - checks notes - MNI News, in a tweet marveling at the sheer scope of a miss on their own gauge of regional business activity. The Chicago PMI isn't necessarily the most reliable metric and, as you may have noticed last summer, can (and will) abruptly plunge to levels not entirely consistent with other indicators. Those predisposed to running with a bearish narrative were thrilled when the gauge plunged in July. It subsequently rebounded, only to
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