China's HSBC PMI moves into expansion territory for the first time in 13 months in November,...


China's HSBC PMI moves into expansion territory for the first time in 13 months in November, rising to 50.5 from 49.5 in October, and from a late November "flash" read of 50.4. "We expect GDP growth to rebound modestly to around 8% in Q4 as the easing measures continue to filter through," says HSBC. (Official PMI earlier this weekend)
Comments (11)
  • The Long Tail of Finance
    , contributor
    Comments (1416) | Send Message
     
    And who trusts China's numbers?
    2 Dec 2012, 10:19 PM Reply Like
  • Tack
    , contributor
    Comments (15968) | Send Message
     
    Pessimists only trust bad news.
    3 Dec 2012, 09:28 AM Reply Like
  • Sam Liu
    , contributor
    Comments (3711) | Send Message
     
    banks, analysts, media use them ... not sure how they compensate for inaccuracies ...
    3 Dec 2012, 05:45 PM Reply Like
  • jsIRA
    , contributor
    Comments (3674) | Send Message
     
    I do think that this is a good indication that China's economy is recovering.
    3 Dec 2012, 01:56 AM Reply Like
  • Interesting Times
    , contributor
    Comments (14481) | Send Message
     
    Yup, and i have a brdge i want to sell as well..
    3 Dec 2012, 06:09 AM Reply Like
  • Tom Guttenberger
    , contributor
    Comments (714) | Send Message
     
    The most heavily analyzed error band on Wall st.
    3 Dec 2012, 08:34 AM Reply Like
  • Interesting Times
    , contributor
    Comments (14481) | Send Message
     
    Monday, December 3, 10:13 AM More on the ISM report: The 49.5 read is a big miss, the 4th contraction in 6 months, and the lowest print since July 2009. It was led by big drops in New Orders and Employment, but also Inventories, which declined 5 points to 45. Customers' Inventories dove 6.5 points to 42.5, suggesting purchasing managers feel they've gotten far too lean. Stocks give up a chunk of their early gains, the S&P 500 +0.2%

     

    More bad news!!!
    3 Dec 2012, 10:29 AM Reply Like
  • Tack
    , contributor
    Comments (15968) | Send Message
     
    One word: Sandy
    3 Dec 2012, 11:04 AM Reply Like
  • Interesting Times
    , contributor
    Comments (14481) | Send Message
     
    Tack

     

    My bet, Recession!!
    3 Dec 2012, 11:07 AM Reply Like
  • Tack
    , contributor
    Comments (15968) | Send Message
     
    IT:

     

    Does that mean you're putting on a big short, or just talking?
    3 Dec 2012, 11:10 AM Reply Like
  • Interesting Times
    , contributor
    Comments (14481) | Send Message
     
    Tack

     

    Actually i have my metals and am just waiting for the other shoe to drop!!

     

    Printing will cause the markets to go up before they drop significantly, like Germany in the 30's.

     

    No need to short fiat money!Plus i am terrible in timing the markets. So i will just sit and wait..The day will come..
    3 Dec 2012, 11:13 AM Reply Like
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