October 18th 2019 China – This morning’s numbers This morning we got more key indicators on the health of the Chinese economy. The economy grew by 6% in the third quarter, which while marginally weaker than the previous quarter, was reasonably expected by markets. This was the lowest in 26 years. There was better newsContinue reading “Just a minute: China”
Category Archives: Just a minute
Contagion
Today , October 1st, we saw a battery of weak numbers from the manufacturing sectors from the US and Europe. These were the PMI’s (Purchasing Managers’ Indices) – which should give a timely and forward looking indication of the underlying health of the manufacturing base. For the US, we saw the weakest number for aContinue reading “Contagion”
When the Dust settles….
What matters for markets
Half Time!
The first half of 2019 has been very rewarding for investors. The world’s stock markets, as measured by the FTSE World index, are up 16%! Among major markets the US is a clear winner, up 18% while other developed markets are up 13%. For the US, it’s been the best first half since 1997. TheseContinue reading “Half Time!”
The Boys are back in Town!
Dateline: September 23rd 2019 The Boys are Back in Town Last week’s batch of data from the US and Eurozone economies did little to clear the fog around near-term direction. Business confidence remains especially low. One thing is clear though – Central Banks are centre stage – again. Members of the US Federal Reserve saidContinue reading “The Boys are back in Town!”
Tradewinds 