Amid the slew of negative news stories, the ongoing data disappointment has almost been overlooked. JPMorgan’s Global Manufacturing PMI just declined for the 13th consecutive month, finally dropping into contraction territory. Citibank’s global economic surprise index has been in negative territory for 14 months, a streak previously unseen in the index’s 16-year history
https://www.zerohedge.com/news/2019-06-05/disconnect-between-economy-stocks-record-highs
