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How PMI Flashes Economic Headwind Warnings & VLO Fire Adds Energy Pressure

Schwab Network

About this episode

The PMI composite flash came in weaker than expected, with Kevin Green attributing the report to higher prices and less demand. He explains why the number is troubling when it comes to economic growth. Focusing on the energy picture, KG touches on the latest geopolitical headlines and a Valero Energy (VLO) refinery fire adding more headwinds to a pressured sector.


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How PMI Flashes Economic Headwind Warnings & VLO Fire Adds Energy Pressure

Schwab Network

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