 The ISM services sector survey is one of the best forward looking indicators out there and todays edition plunged to 49.6 from 56.5, far worse than the economist consensus of 55.0.Even worse, the forward-looking new orders component in the survey looks like this:Market participants are struggling with the idea of whether the economy will have a soft or hard landing in 2023 and todays data illustrate the challenge. The jobs report was strong with unemployment falling to 3.5 fr... 