It might be hard to believe, but according to Jefferies, the economy has hit a turning point without investors noticing.in the US, and that means it's a good time to invest in companies that depend more heavily on economic growth — even though news about the coronavirus pandemic is getting more concerning.
A brief list of their evidence: The Philadelphia Fed's Business Outlook Survey and Institute for Supply Management's manufacturing Purchasing Managers' Index are both showing growth, and producer price readings are ticking higher as well.
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