1/22 BREAKING 21:00 ET: Chinese HSBC PMI Indicates Contraction in Manufacturing

by John Galt January  22, 2014 21:05 ET The bad news from China continues with the breaking news plastered on the top of the Wall Street Journal’s home page: This is a very bad sign in conjunction with the upcoming default as the Chinese Communists usually do a much better job manipulating the markets than this. Needless to say when the news came out the Shanghai Composite was immediate (via Bloomberg):

%d bloggers like this: