China Is Back
China's manufacturing sector put in a strong showing with the release of last night's HSBC purchasing managers' index figures. The private survey climbed to 51.9 in January, its best showing in two years -- back when China was cranking out a 9.8% GDP. Some analysts, skeptical of official government statistics, view the HSBC figure as more trustworthy.
Perhaps you are a skeptic when it comes to the global economic recovery. Maybe you feel that the rally in global equity markets isn't justified because central banks are preparing new asset-purchase programs. Perhaps your erstwhile bullish views are chastened when you see downgrades to growth expectations from Europe to Asia to Canada. Maybe you believe the markets can't overcome this global slowdown and must acquiesce to the cold, hard economic realities we currently face....444 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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