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Daniel Lacalle highlights the positive trajectory of U.S. manufacturing, as industrial production posts its biggest rise in a year, climbing 0.4% in December.
With manufacturing production surging 0.6%, this marks a threefold faster growth compared to previous data. The ISM Manufacturing PMI also showed robust activity, rising to 52.6, indicating expanding economic momentum. The new order index further underscores this recovery.
These improvements in manufacturing align with broader shifts in global financial dynamics that Lacalle has explored, including the movement away from traditional fiat currencies and the strategic emphasis on central banks' gold reserves. Additionally, renewed momentum in U.S. industrial output complements Lacalle’s prior examination of the Bitcoin pause amid U.S. dollar weakness, highlighting the interconnected nature of currency trends and manufacturing performance.