PMI and Shanghai Composite
24 October, 2012, 11:32. Posted by Zarathustra
We posted in the summer that Shanghai Composite and PMI’s new order minus inventory tracks each other pretty well.
If this thing still works, now it is looking pretty happy.
Source: HSBC/Markit, Bloomberg
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About Zarathustra
Zarathustra: Founder and Managing Editor of Also sprach Analyst. Once an analyst, now an investor and entrepreneur. Based in Hong Kong, but Londoner at heart.