Total Loss of Confidence: The Mega-Collapse Continues

from King World News

There is no question that things are tough all over as the mega-collapse continues.

Things Are Tough All Over

May 4 (King World News) – Chris Williamson, Chief Business Economist at IHS Markit: Manufacturing output in Italy declined at an unprecedented pace as the COVID-19 lockdown continued. The PMI dropped to an all-time low of 31.1 in April (down from 40.3 in March), with new orders also falling at the quickest rate on record. (See below).

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