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Customer LoginsResearch Signals - October 2021
Global manufacturing growth continues to be stymied by supplier delays and stalling export trade, according to the J.P.Morgan Global Manufacturing PMI. However, fears of rising inflation and continued supply chain disruptions were not able to trick markets in October, a month historically associated with stock market crashes, as investors in the US, developed Europe and Japan were treated to a strong finish to the month. Furthermore, an overview of factor performance for the month (Table 1) unmasked a tendency towards high momentum shares, though with some variation across regions and capitalization ranges.
Table 1
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This article was published by S&P Global Market Intelligence and not by S&P Global Ratings, which is a separately managed division of S&P Global.
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