Peter Boockvar Warns the Global Economy is Tanking

from King World News

With investors around the world worried about markets, today Peter Boockvar warned they have good reason to worry because the global economy is tanking.

Peter Boockvar: Markit’s May US services PMI fell to 51.2 from 52.8 in April and vs 51.3 in March. These figures are a definite comedown from the 55.9 average seen in 2015. Business optimism about the future fell to the “lowest recorded since the survey began in October 2009.” Employment dropped to the weakest since December ’14…

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