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Woodshedder
Joined Nov 11, 2007
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China PMI Contracts For the First Time Since Feb’ ’09; Does This Spell More Easing ?

CRONKITE Wed Nov 30, 2011 9:16pm EST 2 Comments

China’s PMI fell to 49 vs consensus of 49.8. Below 50 is considered recession or at least contraction for China given their enormous growth.

More importantly will this help China to continue easing ?

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2 comments

  1. TJWP
    TJWP
    November 30, 2011 at 9:23 pm

    Someone sneezed somewhere, does this warrant more easing?

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  2. cronkite
    cronkite
    November 30, 2011 at 10:38 pm

    hahaha TWJP…any excuse for more easing.
    My guess we will hit QE 7 by 2015 plus, plus, plus.

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