Wednesday, April 27, 2011

Chinese stocks signal warning lights

The disappointing manufacturing and non-manufacturing PMIs in April was not what the Chinese stock market was telling us in mid-April! The Shanghai Composite Index tends to lead the China CFLP Manufacturing PMI by one month. In mid-April the market was actually anticipating stronger PMIs through end May! Sure, a weaker than expected PMI in April [...]

Brooke Burns Lena Headey Ali Larter Angelina Jolie Erica Leerhsen

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