ISM Manufacturing PMI contracting for 16 months in a row after being down again in February data... Data at 18 minutes into video... https://stocktwits.com/TheSharting/message/564049669 ISM data seems more in line than S & P Global data on constant basis... Durable Goods Orders had a nice uptick one month late in 2023, likely as items sold off during holiday season, which transitioned to February blip up in manufacturing data... January data across the boards contracted from retail sales to...Durable Goods Orders which were down in January, 2024,,, which typically takes a few months to come into manufacturing data from plants... March or April likely to see the manufacturing go back into lower mode... Employment numbers are totally skewed by Gov't using Seasonality , like in January when the economy was drooping hard, and the numbers are hard to swallow... We do know good paying jobs have been dropping with layoffs at many big names for over a year now... Guy in video does mention the continuing claims numbers stuck in hold mode,,, Durable Goods Orders, even skewed now by questionable defense spending, are still a key item too watch for future, ex defense orders now is probably best... Three months of declining Durable Goods Orders does signal contraction mode... Nothing about the roaring tech stock prices now hint that there is broad reason to believe that the stresses on commercial property loan values are improving...Underlying drop in materials cost to maintain property don't improve those valuations either... Circle takes everyone back to watching banks... Happy bankers loan money easier... So we watch...LJ