OM DENNE EPISODE
Despite the mixed messages from the sweep of global data on employment and spending, the PMIs are booming. The breadth of the rise across sectors and countries, along with a surge in the employment PMI, keeps us comfortable with our call for a cyclical lift that is joined by firming labor markets. For now, central banks remain in the New Testament and that’s a good thing.
Speakers:
Bruce Kasman, Chief Economist
Joseph Lupton, Co-Head Economic Research
This podcast was recorded on 8 October 2026.
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