Tag Archives: October

Exit Mr. Rocktober

Ugly month. The fourth worst October performance for the S&P500 since 1950.   Could have been much worse if not for the bulls skate save over the past two days. Rare that stocks down so much yet 10-year yield 8 bps … Continue reading

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Japan PMI falls to 46.9, 18-month low

Markit’s press release on Japan’s October manufacturing PMI, Commenting on the Japanese Manufacturing PMI survey data, Paul Smith, Senior Economist at Markit and author of the report said: “The fall back in the headline PMI to an 18-month low during … Continue reading

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Flash China Manufacturing PMI at 49.1, Three-month High

Markit reported this morning the October HSBC China Flash PMI rose to 49.1 from 47.9 in September.  The PMI is at a three-month high, though still in contraction mode. Commenting on the Flash China Manufacturing PMI survey, Hongbin Qu, Chief … Continue reading

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