Category Archives: China

Only A “Freak” Would Turn Down Bribes

Posted on February 4, 2012 by macromon

(click here if video is not observable)

Posted in China | Tagged , | 1 Comment

China to Europe’s Rescue?

Posted on February 2, 2012 by macromon

(click here if video is not observable)

Posted in Black Swan Watch, China, Euro, PIIGS, Sovereign Debt, Sovereign Risk | Tagged , , , | Leave a comment

S&P500 Plays Range Rover, Waits on the Shanghai

Posted on January 27, 2012 by macromon

As we posted yesterday, the S&P500 appears to be working off an overbought condition by trading in a relatively tight range between 1306 and 1333.   A break of 1306 could take the index back to 1277, which is key support.  … Continue reading →

Posted in China, Equities, Global Stock Performance | Tagged , , | 1 Comment

Apple’s BIG Beat

Posted on January 24, 2012 by macromon

It is truly amazing how the world’s largest company can still grow revenues by 73 percent y/y and earnings by over 100 percent.   Apple blew away analyst estimates in today’s release by almost 40 percent, earning $13.87 in fiscal Q1 … Continue reading →

Posted in Apple, China, Earnings | Tagged , | 5 Comments

The Dow in the Year of the Dragon

Posted on January 23, 2012 by macromon

Gong Xi Fa Cai!  恭禧發財 It’s now The Year of the Dragon and the Economist  has posted an interesting piece on the performance of the Dow Jones Industrial and the Chinese astrological calendar. The Economist writes, CHINESE people across the … Continue reading →

Posted in Charts, China, General Interest, Global Stock Performance, Technical Analysis | Tagged , , | 1 Comment

Will the Collapse of the Shanghai Composite Drag On?

Posted on January 21, 2012 by macromon

Shanghai’s channel surfing Panda bears are speaking with a little higher pitch this weekend after getting their ‘hood caught in a vicious squeeze and reversal. The stock index has bounced 8.7 percent off its January 6th lows after falling 31 … Continue reading →

Posted in China, Global Stock Performance | Tagged , | 9 Comments

HSBC Flash China PMI Contracts

Posted on January 19, 2012 by macromon

“The third consecutive below-50 reading of the manufacturing PMI suggested that growth is likely to moderate further, following the sharp drop of 4Q GDP to a three-year low at 8% on a q-o-q seasonally adjusted annualized basis. Despite the upside … Continue reading →

Posted in China | Tagged , | 1 Comment

A Tale of Two Markets

Posted on January 3, 2012 by macromon

The Shanghai has turned down this evening after opening up and looks to continue the downtrend.  That is one ugly chart. Meanwhile, the S&P500 looks like it really wants to resolve its wedge formation to the upside.  After a year … Continue reading →

Posted in Black Swan Watch, China, Equities | Tagged , | 2 Comments

HSBC China PMI Contracts for Second Successive Month

Posted on December 29, 2011 by macromon

“While the pace of slowdown is stabilizing somewhat, weakening external demand is starting to bite. This, plus the ongoing property market corrections, adds to calls for more aggressive action on both fiscal and monetary fronts to stabilize growth and jobs, … Continue reading →

Posted in China | Tagged , | 2 Comments

The 2012 Macro Swan of the East

Posted on December 27, 2011 by macromon

Nothing captures better the angst of the macro swan of the east than a long-term chart of the Shanghai Composite.   Our friends at The Chart Store do a great job charting anything and everything and have not disappointed on this … Continue reading →

Posted in China | Tagged , | 4 Comments