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Jeromicron: Markets Face a One-Two Punch

Jeromicron - Markets Face a One-Two Punch

Preliminary Markit PMIs in the U.S. show Omicron weighed on consumer demand, labor supply, and supply chain disruptions in January. The composite PMI fell from 57 to 50.8—its lowest level in 18 months; declines were seen in services and manufacturing.

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