The Malaise in Global Trade Is Only Getting Worse



Mike Bird | The Wall Street Journal

And it isn’t just trade data that appears to be slowing

The U.S. and China are moving closer to settling their fight over tariffs, but data on the state of global trade is worsening, which is a bad sign for markets.

Data released late last Friday showed that the J.P. Morgan Global Manufacturing Purchasing Managers’ Index dropped to 50.7 in January. A reading above 50 indicates growth, but the index is signaling its weakest expansion in 2½ years.

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