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The Numbers

ISM Confirms Sluggish Growth And Fading Inflation Impulse

by Felix-Antoine Vezina-Poirier, Chief Strategist  

The June ISM points to sluggish US manufacturing and reinforces long duration positioning amid peaking price pressures. The index rose modestly to 49.0 from 48.5 in May, with the rebound driven by slightly higher production and slower supplier deliveries due…

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