The next release of the Institute for Supply Management’s (ISM) manufacturing index is coming on April 1st. Barring an April Fool’s moment, it’s likely to be good.
That’s because Goldman essentially puts together their own index that is very similar to the ISM, and they get it out ahead of the ISM.
This Goldman index, the Goldman Sachs Analyst Index (GSAI) is soaring and just hit a six-year high, which means the upcoming ISM will probably be rising:
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