• David White
    Initial Claims higher at 388K, but real damage was China at GDPM of 7.4% (YoY). With great Sept. exports #, many expected a better #.
    10/18/12
    Reply (6)
    • Bildar: FXI and GXC are reacting well to the number. There is other data supporting a better outlook: http://reut.rs/R6kiUU
      10/18/12
    • David White: I have seen some. But you need to consider that China could have been waiting for the Xmas orders. The Sept. increase in exports could
      10/18/12
    • David White: indicate a quick reaction to orders, since little else was going well. Then Oct. might be OK, and Nov. and Dec. might be light in exports??
      10/18/12
    • Bildar: I don't do much considering of "coulds". That lends itself to confirmation bias.
      10/18/12
    • David White: I admit I am not investing in China at the moment, so it doesn't matter to me. However, this smacks of a bear market rally. Remember the old
      10/18/12
    • David White: adage, "chance favors the prepared mind." It pays to consider more than just the obvious. Of course, you can get carried away.
      10/18/12