Quotes from the news wire:
The U.S. stimulus story continues to be the half glass, which markets are happy to interpret as half full, the improved sentiment also derived from the fact that vaccinations hit the milestone within the U.S. of more vaccinations than infections and I think there’s a sense that the rollout program remains quite optimistic and encouraging.
Overall, the cross above the 50 waterline is not in doubt, but the ability for manufacturers to continue to accelerate, or to maintain sharp surges in production, is in question given underlying demand, apart from some bright spots, doesn’t seem to have permeated more widely across the different sectors.
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