Tag Archives: Economy

HSBC Flash China PMI Still Contracting

Posted on April 22, 2012 by macromon

Markit reports, Commenting on the Flash China Manufacturing PMI survey, Hongbin Qu, Chief Economist, China & Co-Head of Asian Economic Research at HSBC said: “As April flash PMI ticked higher, this suggests that the earlier easing measures have started to … Continue reading →

Posted in China, Manufacturing | Tagged , , , | Leave a comment

Good Perspective on China’s Dueling PMIs

Posted on April 2, 2012 by macromon

Good stuff at European CNBC this morning.  The markets had their doubts on China’s conflicting PMIs early this morning, especially after the Eurozone PMI confirmed weakness.   Didn’t last long, however, after U.S. ISM manufacturing came in better than expected, … Continue reading →

Posted in Black Swan Watch, China | Tagged , , , , , , , | 1 Comment

China Development Forum 2012: Christine Lagarde

Posted on March 17, 2012 by macromon

From the International Monetary Fund website: Opening Ceremony, China Development Forum 2012 Guest Speech by Christine Lagarde, IMF Managing Director Beijing, Sunday, March 18, 2012 As prepared for delivery Good morning. It is an absolute pleasure to be back in … Continue reading →

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HSBC Brazil PMI Shows Weakest Deterioration Since Decline

Posted on January 3, 2012 by macromon

“The main message from the latest HSBC Manufacturing PMI index is that the deterioration in Brazil’s manufacturing sector business conditions continued to ease in December. The headline index remains just under the 50.0 waterline (49.1), indicating that the sector is … Continue reading →

Posted in BRICs, Economics | Tagged , , | Leave a comment

The Weekend Read: Death by Debt

Posted on July 15, 2011 by macromon

“WE HAVE a system of government in which everybody has to give a little bit.” So said Barack Obama at the start of this week. But parse that sentence. Does the president mean that America already has a system in … Continue reading →

Posted in The Weekend Read | Tagged , , , , , , | 2 Comments

Are we too short Bernanke?

Posted on January 2, 2011 by macromon

Sometimes we like to channel our inner bull, as in bovine, which is rare for ex-bond traders.  Trying to see all angles of the dimly lit statue we call the market is a necessity to manage the risk that: a)  … Continue reading →

Posted in Black Swan Watch, Bonds, Budget Deficit, Charts, Economics, Equities, Fiscal Policy, Sovereign Risk | Tagged , , , | 1 Comment