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Thread🧵 on GMI's key macro charts by Raoul Pal. @RaoulGMI #GlobalMacro
1/7 ISM is falling to 46.9, indicating short-term weakness. New orders point towards a drop closer to 45 in June. #GlobalEconomy 
2/7 The GMI Financial Conditions Index suggests recovery, having already bottomed out and now rising. #FinancialConditions #EconomicTrends
