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By André Coetzee, Kagiso Securities. The seasonally adjusted Kagiso PMI improved slightly in May, posting an increase to 37.3 index points œ the first rise since January 2009. The average PMI for the first two months of 2009Q2 is 36.5 versus a Q1 average of 38.6. Steady increases (albeit from very [...] More on this topic (What's this?) Singapore June Manufacturing Output Up 2.5% (Jeflin's Investment Blog, 7/27/08) Purchasing Managers Index gives back some gains (Wall Street Sector Selector, 4/16/10) Manufacturing Output Continues to Expand (Penny Stock DD, 11/16/10)
This post discusses an interesting study by Goldman Sachs on the relationship between the manufacturing PMI and stock market returns. “… the strongest part of the typical bull market is during the phase when economic and profit growth is still negative, but the deterioration is slowing,” said the report. [...] More on this topic (What's this?) Chinese Stocks Boosted by Manufacturing Data, Signs of Recovery (Money Morning, 6/1/09) ISM Manufacturing Index: New orders growing (Credit Writedowns, 6/1/09) Jabil Circuit (JBL) Gets Multi Year Manufacturing Deal With Sunpower (SPWRA), Creating More Green... (Green Stocks Central, 6/8/09)
This post provides links to some interesting articles I have read over the past few days that you may also enjoy. [...] More on this topic (What's this?) Germany, Europe, and America: Central Banks Growing Apart (Investment U, 6/22/09) Two Ways to Profit From Europe’s Steady Shift To a Free Market (Money Morning, 6/9/09) Suntech (STP) Relocates European Headquarters And Expands Team (Green Stocks Central, 5/14/09) | ||||||||||||||||||||||||||
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