The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label pmi. Show all posts
Showing posts with label pmi. Show all posts

Tuesday, September 2, 2014

There is only one loser in the proxy war between U.S. and Russia and it is Europe

Like most government reports, many important indicators are paired down to three letter acronyms that tend to diminish their value, and become easily glossed over by those who either invest from that data, or simply ignore it like the general public.  But for very important economic indicators such as the Purchasing Managers Index (PMI), the data can be not only vital to an individual nation’s economy, but in the case of Europe who is caught in the middle of the ongoing proxy war between the U.S. and Russia, it can validate the one thing that has been overlooked since the implementation of economic sanctions…

And that is, Europe is the only loser.




Read more on this article here...

Monday, January 2, 2012

Recession continues in Europe as economy contracts for 5th straight month

GDP growth in European countries contracted for the 5th straight month, solidifying the fact that the Western economies are in recession, and have little expectation of coming out of it anytime soon.

Or as Clubber Lang (Mr. T.) predicts for the Eurozone...



Following today's release of European manufacturing PMI data we are sadly no closer to getting any resolution on which way the great US-European divergence will compress. Because all we learned is that, very much as expected, Europe managed to contract for a fifth month in a row, with the average PMI in Q4 2011 the weakest since Q2 2009, essentially guaranteeing a sharp recession once the manufacturing slow down spills over to GDP. The only silver lining was that the contraction across the continent was modesty better than expected, however if this merely means that the band aid is being pull off slowly and painfully instead of tearing it off is up for question.
The released December manufacturing PMIs were as follows:
  • Italy: 44.3 vs 44.0 previously, exp. 43.8
  • France: 48.8 vs 47.3 previously, exp. 48.7
  • Germany: 48.4 vs 47.9 previously, exp. 48.1
  • Greece: 42.0 vs 40.9, nobody cared about expectations as the economy is total freefall
-          Zerohedge