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February PMI manufacturing at 57.5, showing another improvement


February PMI manufacturing at 57.5, showing another improvement
March 01, 2021
Employment, inflation still concerns
Manufacturing sector continues to record good performance as the Purchasing Managers’ Index (PMI) clocked 57.5 in February, almost similar to 57.7 recorded in January. However, the employment problem is still not out of the woods as payroll numbers saw a decline for the eleventh successive month. Also, cost inflation has seen a surge.
Manufacturing sector has a share of around 15 per cent in gross domestic product (GDP). It is one of key sources of employment.
Commenting on the latest PMI number, Pollyanna De Lima, Economics Associate Director at IHS Markit, said that Indian goods producers reported a healthy inflow of new orders in February, a situation that underpinned a further upturn in output and quantity of purchases. Still, “the data indicated that production growth could have been stronger should firms have appropriate resources to han ....

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Monex Global Retail Investor Survey Reveals Optimism for U.S. Stocks Among Retail Investors as the COVID-19 Pandemic Intensifies


[December 28, 2020]
Monex Global Retail Investor Survey Reveals Optimism for U.S. Stocks Among Retail Investors as the COVID-19 Pandemic Intensifies
PLANTATION, Fla., Dec. 28, 2020 /PRNewswire/  TradeStation Securities, Inc. ( TradeStation ), a Monex Group company and award-winning broker-dealer, today announced the results of the twenty-eighth Monex Global Retail Investor Survey. The survey, which gauges customer sentiment based on answers to specific questions from a random sampling of customers of Monex, Inc., TradeStation, and Monex Boom Securities (H.K.) Limited reveals high expectations for U.S. stocks among retail investors in Japan, the U.S., and Hong Kong, despite the COVID-19 pandemic.
Although COVID-19 cases continue to increase in the U.S., many investors anticipate U.S. stock prices to continue to rise. Retail investors in all three regions surveyed indicate expectations that the U.S. is the region with the greatest likelihood of stock price apprecia ....

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