Edit

Great Graphic: Chinese Rail Traffic and GDP

December 04, 2012
Many economists and observers are skeptical of the validity of much of China's economic data.  Apparently, they are less skeptical of the electricity production and consumption and freight volume.  These times series are often used to get a better handle of Chinese growth.
This Great Graphic comes from Also Sprach Analyst.  The first chart sh…
Great Graphic: Chinese Rail Traffic and GDP Great Graphic: Chinese Rail Traffic and GDP Reviewed by Marc Chandler on December 04, 2012 Rating: 5
Edit

Capital Controls

December 03, 2012
News that a large Swiss bank will begin charging business clients a negative interest rate for holding Swiss franc deposits has gotten some observers suggesting this is a form of capital control.   Usually capital controls refer to sovereign action.  In the late 1970s, both Germany and Switzerland did in fact impose negative rates on foreign depo…
Capital Controls Capital Controls Reviewed by Marc Chandler on December 03, 2012 Rating: 5
Edit

Great Graphic: Euro Area Mfg PMIs

December 03, 2012
This Great Graphic is from Macro Business.  It pulls together the November manufacturing PMIs released earlier today.  There are a few take away observations.  
First, although the PMI for the area as whole improved to its best level since March, at 46.2, it is still below the 50 boom/bust level.  This means that the euro area manufacturing secto…
Great Graphic: Euro Area Mfg PMIs Great Graphic: Euro Area Mfg PMIs Reviewed by Marc Chandler on December 03, 2012 Rating: 5
Edit

FX Drivers in the Week Ahead

December 03, 2012
The US dollar's recent losses are being extended at the start of the new week.  The announcement of the details of the Greek bond buy-back scheme has triggered a sharp rally in peripheral bond yields, while the euro area Nov manufacturing PMI is reported at 8-month highs, even if still below the 50 boom./bust level at 46.2.  The euro has compl…
FX Drivers in the Week Ahead FX Drivers in the Week Ahead Reviewed by Marc Chandler on December 03, 2012 Rating: 5
Edit

Great Graphic: US Corporate Earnings Concentration

December 02, 2012
This Great Graphic was on Barry Ritholtz's Big Picture blog.  It originally was from Morgan Stanley's Adam Parker.   It notes that nearly 90% of this year's earnings growth of the S&P 500 companies can be traced to 2% or 10 companies. 
There seems to be two industries represented and Big Oil is not one of them.  It is finance with…
Great Graphic: US Corporate Earnings Concentration Great Graphic: US Corporate Earnings Concentration Reviewed by Marc Chandler on December 02, 2012 Rating: 5
Edit
) no-repeat top center;background-size:cover'>

Great Graphic Women CEOs

December 02, 2012
ThisGreat Graphic comes from Motif Investing.  It looks at the women who have climbed corporate hierarchies, their compensation and their role as mothers.   Although it tends to focus on Corporate America, it also provides some helpful international comparisons.   It can be seen partly as a response to AM Slaughter's widely read and discussed…
Great Graphic Women CEOs Great Graphic Women CEOs Reviewed by Marc Chandler on December 02, 2012 Rating: 5
Edit

Currency Positioning and Technical Outlook: Euro and Yen Signals Strongest

December 01, 2012
Our assessment of macro fundamentals leave us inclined to favor the dollar on a medium term basis.  However, we continue (see here and here) to recognize that near-term technical considerations favor the major foreign currencies, but the yen. 

It seems many participants lack conviction about the price action.  As our review of the Commitment of …
Currency Positioning and Technical Outlook: Euro and Yen Signals Strongest Currency Positioning and Technical Outlook: Euro and Yen Signals Strongest Reviewed by Marc Chandler on December 01, 2012 Rating: 5
Subscribe to: Posts ( Atom )
Powered by Blogger.