An often overlooked forward-looking economic indicator in production figures suggests a rebound in U.S. manufacturing is coming, and with it, “a broader economic pickup,” according to a top macro strategist.
Michael Kantrowitz, chief investment strategist at Cornerstone Macro, told Real Vision in an interview published on Jan. 25 that when the prices of inputs businesses use to make their final products hit bottom and start to rise again, this can be a guide to forecast an upturn.
