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The market action has not been kind to the bulls over the past few days. In the midst of the extreme bearish sentiment, I thought it useful to look at market “internals”, or breadth indicators, in order to assess strength or weakness behind market moves. [...]
Personalize funny videos and birthday eCards at JibJab! Source: JibJab, November 24, 2011. Did you enjoy this post? If so, click here to subscribe to updates to Investment Postcards from Cape Town by e-mail. [...]
The HSBC Flash China Manufacturing PMI for November dropped to a 32-month low of 48.0 from 51.0 in October. The expected CFLP manufacturing and non-manufacturing PMIs will confirm that China’s GDP growth is likely to slow to below 9% in the last quarter of this year. [...] More on this topic (What's this?) China's Economy 2012 Report: Here's Why (And Where) Your Money Should Be In China (Money Morning, 12/9/11) Rising Wages in China Good for Glocals, But Few Jobs Coming Back (Money Morning, 11/10/11) China Screws the World -- Again. (Wealth Daily, 12/1/11)
Jim Chanos, founder of hedge fund Kynikos Associates, talks about China’s banking system and outlook for the nation’s economy and real estate market. [...]
The outlook for GDP growth in the Eurozone has worsened. I expect the economy to contract by approximately 1% compared to a year ago. The outlook for the first quarter of next year is not rosy either … [...] More on this topic (What's this?) Prepare for Europe – "It's Going to Be Ugly" (Money Morning, 1/16/12) What Happens To The U.S. If Europe Defaults? (Money Morning, 11/16/11) Take Heed! How the European Crisis Could Hurt U.S. Stocks (Wall Street Daily, 1/19/12) | ||||||||||||||||||||||||||||||||||||||||
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