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The Numbers

ISM Services: Focus On Employment And Inflation

by Felix-Antoine Vezina-Poirier, Chief Strategist  

Maintain a neutral equity stance as cresting services inflation and weak employment temper right-tail risks. The November ISM Services PMI beat estimates at 52.6, up from 52.4, but the details were mixed. New orders fell to 52.9 from 56.2, but are still…

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