Nikkei Reversed – China PMI Next

What’s absolutely hilarious about this is that….

The “planetary growth engine” China has already posted 3 straight months of CONTRACTION, with the “flash manufacturing PMI” numbers set to be released later on this evening.

The industry “expectation” is ALREADY at 48.4 ( Above 50 indicates expansion –¬†while under 50 suggests contraction ) so……market analysts already “know” the number is low – and that this will mark the 4th straight month of continued slow down in China.

China’s amazing growth over the past 5 years “fueled” the “planet wide¬†sale of stuff” as China practically bought “everything under the sun” in order to keep on growing/building.

So who’s buying all that stuff now? All those goods and services that made corporations profitable, all the contracts / investment made during the “boom times”?

You’ve got to be “completely 100% nuts” if you haven’t figured this out by now, and seriously starting thinking about “becoming a seller”.

Get ready “bagholders”.

Here comes good ol USD on the “repatriation trade” I made light of a couple of days ago. If Japan hasn’t already stomped you into the ground…..get ready for China on deck tonight.

2 Responses

  1. Careydina April 22, 2014 / 7:36 pm

    AUD/JPY has been up recently. Today break 96 again.

    • Pot Stock Watch April 22, 2014 / 7:52 pm

      Hi Carey..

      Hey…..best you just respond to my email and we can pick up from there ok Carey?

      I’ve emailed you.

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