Skip to comments.The World's Biggest Economies Seem To Be Turning The Corner
Posted on 11/01/2012 6:04:11 AM PDT by blam
The World's Biggest Economies Seem To Be Turning The Corner
Nov. 1, 2012, 5:31 AM
HEADS UP: The world's biggest economies will release their October manufacturing PMI reports
SCORECARD (All Times EST)
October 31 - November 1
Japan: Markit/JMMA Manufacturing 46.9, down from in September 48. 0
South Korea: HSBC Manufacturing PMI 47.4, up from 45.7 in September
China: NBS Official PMI 50.2, up from 49.8 in September Netherlands: NEVI Manufacturing PMI 48.9, down from 50.7 in September
Australia: AiG Manufacturing PMI 45.2, up from 44.1 in September
China: HSBC Manufacturing PMI 49.5, up from 47.9 in September
Taiwan: HSBC Manufacturing PMI 47.8, up from 45.6 in September
Vietnam: HSBC Manufacturing PMI 48.7, down from 49.2 in September
Indonesia: HSBC Manufacturing PMI 51.9, up from 50.5 in September
India: HSBC Manufacturing PMI 52.9, up from 52.8 in September
Russia: HSBC Manufacturing PMI 52.9, up from 52.4 in September
Ireland: NCB Manufacturing PMI 52.1, up from 51.8 in September
Turkey: HSBC Manufacturing PMI 52.5, up from 52.2 in September
Greece: Markit Manufacturing PMI 41.0, down from 42.2 in September
UK: Markit / CIPS Manufacturing PMI 47.5, down from 48.4 in September
8:00 AM Brazil: HSBC Manufacturing PMI in September 49.8
9:00 AM US: Markit Manufacturing PMI in September 51.1
9:30 AM Canada: RBC Manufacturing PMI in September 52.4
11:30 AM Mexico: HSBC Manufacturing PMI in September 54.4
4:15 AM Spain: Markit Manufacturing PMI in September 44.5
4:45 AM Italy: Markit/ADACI Manufacturing PMI in September 45.7
4:50 AM France: Markit Manufacturing PMI in September 42.7
(Excerpt) Read more at businessinsider.com ...
Thank goodness...The One has saved the world.
All he needs is just a little more time:
Whereas before, the thinking was that the US economy was the lone pillar of strength in a world that was seeing declines in Europe and China, the new thinking is that Europe and China are starting to turn the corner, and that the US is just starting to hit its slowdown.
I have a bridge in Brooklyn that I would like to sell to you...
That sounds really nice.
If you don’t factor in national debt, Obamacare, and the Fed printing paper money by the trillions, happy days are here again.
And the folks over at the World Socialist Web site report Record unemployment and indebtedness in Europe
Who to believe? :-)
I have sales reps visit my office and they all say the same thing: “things are even slower lately. How’s your business?” Freight reps tell me “companies just aren’t shipping much freight these days”. I always tell them it’s because the economy is in the toilet, and has been since Obama took office. People are surprised about how slow things are because they were told there was a recovery when there isn’t.