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China June imports and exports fall 0.7% and 3.1% Y/Y respectively.

China June imports and exports fall 0.7% and 3.1% Y/Y respectively.
Comments (10)
  • GaltMachine
    , contributor
    Comments (1466) | Send Message
     
    The miss vs. consensus is actually quite epic!

     

    How useless is this economics forecasting profession?
    9 Jul 2013, 10:28 PM Reply Like
  • Paulo Santos
    , contributor
    Comments (24973) | Send Message
     
    If we remove everything that fell, it was actually a very positive number.
    9 Jul 2013, 10:55 PM Reply Like
  • Bouchart
    , contributor
    Comments (803) | Send Message
     
    It's times like this that I'm glad I paid very little attention in my economics classes.
    9 Jul 2013, 11:43 PM Reply Like
  • 13761362
    , contributor
    Comments (382) | Send Message
     
    sometimes there can be too much truth.
    9 Jul 2013, 10:54 PM Reply Like
  • Ex-Microsoftee
    , contributor
    Comments (8) | Send Message
     
    GaltMachine ... Read this quote somewhere recently:

     

    "Economic Forecasting was created to make Astrology appear credible" :-)
    9 Jul 2013, 11:13 PM Reply Like
  • Christopher Balding
    , contributor
    Comments (25) | Send Message
     
    Yet miraculously they continue to forecast 7+% growth. Everything is falling but growth is buoyant. Which of these is not like the others?
    9 Jul 2013, 11:38 PM Reply Like
  • Sam Liu
    , contributor
    Comments (3864) | Send Message
     
    Christopher:

     

    Ask one of the self-assured commentators to your articles.
    10 Jul 2013, 01:13 AM Reply Like
  • Common Guy
    , contributor
    Comments (79) | Send Message
     
    A better gauge would be what the multinationals say about global demand. After all, corporate profits is what drives the world.
    9 Jul 2013, 11:58 PM Reply Like
  • Teutonic Knight
    , contributor
    Comments (2603) | Send Message
     
    China was, in realty, Wall Street's poster boy.

     

    So now what?
    10 Jul 2013, 12:54 AM Reply Like
  • Atkins
    , contributor
    Comments (1050) | Send Message
     
    Now what? Well, I suspect continued froth and chasing performance in US stocks. And the continued decoupling of the market from reality.

     

    Many college grads from 2012 (not to mention 2013) are still having trouble finding jobs, but I guess this fact is irrelevant to those who are buying many stocks at nosebleed levels
    10 Jul 2013, 02:10 AM Reply Like
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