Manufacturing PMIs are considered to be the leading and most important economic indicators. Since the Fed’s QE3, this is the third month of improvements in global PMIs after a strong slowing in summer 2012. January 25th Expansion-contraction ratio: There are as many countries that show values above 50 as under 50. Positive-negative-change ratio: 18 countries …
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Tag Archive: France
Who is the Biggest Debt Time Bomb: Japan, France, the UK or the United States?
Some must reads: According to the Economist the biggest time bomb in the euro zone crisis is France.
We wonder why the United States and Britain, that have same weak trade balances, the same weak competitiveness and a debt overhang, shouldn't have a problem?
Just because France must do austerity according to the German Fiscal Compact wish, and the US and Britain do not need to do this?
Or like Ray Dalio called it, are the US and Britain...
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Global Purchasing Manager Indices, Update December 10
Manufacturing PMIs are considered to be the most leading and important economic indicators. Jim O’Neill, Chairman of Goldman Sachs Asset Management, believes the PMI numbers are among the most reliable economic indicators in the world. BlackRock’s Russ Koesterich thinks it’s one of the most underrated indicators. Global Purchasing Manager Indices for the manufacturing industry December 3, 2012 …
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