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home / news releases / SPUU - Comparing China And U.S. Coronavirus Recessions With SMIs


SPUU - Comparing China And U.S. Coronavirus Recessions With SMIs

SMIs and PMIs

The Sales Managers' Index, SMI, is akin to but different from the Purchasing Managers' Index, PMI, that we're more familiar with. The essential concept is the same - if we want to know what is going to happen then go ask those preparing to create that future.

For example, things that are to be made must be made from something. So, if we ask people what they're getting now to make stuff from we'll gain a good handle on what will be made. The concept isn't all that difficult.

Of course, once

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Stock Information

Company Name: Direxion Daily S&P 500 Bull 2X Shares
Stock Symbol: SPUU
Market: NYSE

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