MCI rose above the 6000-point mark, indicating a stronger down cycle

Between November 30th and December 14th, MCI index surged sharply by 333.6 points, from 5860.5 to 6194.1. This is the first time since the financial downturn that the index rose above the 6000-point mark – a dramatic improvement from ‘very low confidence level to ‘Low confidence level.’