ICYMI: Hong Kong’s exports fell -6.3% in Aug YoY:
• 10th straight month negative
• exports to Mainland China (largest buyer) dropped -5.2%
• Imports plunged -11.1%Global demand still very weak. pic.twitter.com/du0um7xQbO
— Adem Tumerkan (@RadicalAdem) September 27, 2019
South Korea probably fell into deflation for the first time… in forever. Data due out early next is forecast to confirm that. pic.twitter.com/jjPQheu5Nc
— David Ingles (@DavidInglesTV) September 26, 2019
As far as the German manufacturing sector is concerned, the PMI indicators are now looking worse than 2012. pic.twitter.com/EoLOr9K4Sr
— Win Smart, CFA (@WinfieldSmart) September 27, 2019
Crazy theory time so strap in: the Chinese economy is much weaker than headline GDP, which is worthless, which we can tell by sub-headline data and trade partners major falls in final goods and major inputs for China destination products given major debt hangover and weak demand https://t.co/NcrdDDJWSy
— Carrie Lam Hairdresser Balding (@BaldingsWorld) September 27, 2019
You get the global PMI right, you do well. pic.twitter.com/lPzXbqpBuO
— Teddy Vallee (@TeddyVallee) September 21, 2019