Friday, November 29, 2013
Sunday, November 3, 2013
Abenomics in action
Just a reminder: this index is a diffusion index -- 50 represents the point at which negative and positive responses are exactly equal, while an index level greater than 50 indicates an expanding economy, one below 50 a contracting one.
Modest China rebound continues
The HSBC PMI rose again; industrial production has clearly bottomed. Doesn't mean China is going back to previous 15% plus IP growth rates, but does mean that there isn't going to be a "hard landing".
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