The Purchasing Managers' Index (PMI) is a key economic indicator that reflects the health of the manufacturing and service sectors. It is based on surveys of purchasing managers and helps gauge economic expansion or contraction. A PMI above 50 indicates growth, while below 50 suggests a decline. Find out more: https://lnkd.in/dheveBk
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Your favorite financial dictionary since 1999, plus markets news, trading simulator, and expert analysis. Get smart. Stay smart. Grow your money. We'll show you how. We are a proud group of editors, writers, product experts, developers, data scientists, and analysts who are fiercely dedicated to financial education and empowerment. Our millions of users come to us from all over the world and from all walks of life. Some are learning about money and investing for the first time, while others are experienced investors, business owners, professionals, financial advisors and executives looking to improve their knowledge and skills. No matter who they are, we're here to help. Investopedia is a part of the Dotdash Meredith publishing family.
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https://www.investopedia.com
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Updates
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Dr. Preston D. Cherry, AFC®, CFT™, CFP® weighs in on why Gen X can't rely on the great wealth transfer for retirement: https://lnkd.in/eMDyfuq9
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A promissory note is a written agreement where one party promises to pay a specific amount to another party at a future date or on demand. It includes key terms such as the principal amount, interest rate, repayment schedule, and the issuer's signature. Promissory notes are commonly used for loans and can be legally enforceable. Learn more: https://lnkd.in/eXyzDW-U
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