Monthly Strategy – September 2011
Not much has changed from August. The leading economic indicator are not pointing to any king of recovery from recent weakness.
Archive for September 1st, 2011
U.S. Initial Jobless Claims At 407.000; Down 12.000
Initial jobless claims in the U.S. were reported at 407.000 vs. 410.000 consensus and last week revised (up 4.000) reading of 421.000.
August China Official PMI At 50.9; HSBC/Markit China PMI At 49.9
Official (China Federation of Logistics & Purchasing and National Bureau of Statistics) China PMI rose form 50.7 to 50.9; Consensus was at 51.0.
HSBC/Markit PMI rose from 59.3 to 49.9.