World coming to an end?

From today’s news:

Eurozone business activity accelerated at its fastest pace in more than four years last month, as output growth increased in both the manufacturing and services sectors. Markit’s final August Composite PMI beat an earlier estimate of 54.1, settling at 54.3 - its highest level since May 2011. While the upbeat surveys provide some welcome news for the European Central Bank, they still only point to modest third-quarter GDP growth.

Activity in Japan’s services sector expanded at the quickest rate in almost two years in August, despite persistent signs of frailty in Asia’s second largest economy. The Markit/Nikkei Japan Services PMI rose to a seasonally adjusted 53.7 from 51.2 in July to reach its highest point since October 2013. The positive services sector reading follows several disappointing figures of Japanese industrial production and household spending.


Seeing Through the China-Slowdown Smog

Nice article that puts the doom and gloom headlines about a China slowdown into perspective.…


Here is another…
Corporate America’s View of China…


I have an acquaintance that is concerned and is convinced that there will be major disruptions in the US economy if/when China is approved as a member in the IMF and their currency is included in the IMF. I understand the earliest this could occur is in October 2015.

1 Like

Here is another…
Corporate America’s View of China

Thanks FourthStooge, that was very VERY interesting and says good things for our SWKS investment.