Macroeconomics 18th Mar '20 PMI and Equities Nice chart from IHS Markit showing PMIs against equities YoY change. Suggests equities not yet reflecting weak PMIs. World Index P/E is about 15x and earnings still need to come down. Click to share on Twitter (Opens in new window)Click to email a link to a friend (Opens in new window)Click to share on LinkedIn (Opens in new window)