Historically-speaking, yes, this could signal that we are nearing the end of the business cycle.
However, the confusing part of the current cycle (confusing to me, anyway) is the fact that ISM has be...
Thanks for that, helpful to know where your head is at.
I could see a scenario playing out where we top out in Q4 this year (same timing as historical cycle tops) around 150-250 and then we just head on down for a year or so.
But I like your version much better!
I could see a scenario playing out where we top out in Q4 this year (same timing as historical cycle tops) around 150-250 and then we just head on down for a year or so.
But I like your version much better!