ISI GROUP: CHINA COULD SEE A SUBSTANTIAL SLOW-DOWN IN H2
by ilene - July 17th, 2010 1:05 am
ISI GROUP: CHINA COULD SEE A SUBSTANTIAL SLOW-DOWN IN H2
Courtesy of The Pragmatic Capitalist
The Chinese equity markets have continued to diverge from U.S. markets and U.S markets have continued to ignore the action in what I believe has become an important leading indicator of global economic growth. ISI Group’s Head of China Research, Don Straszheim, believes China is at risk of a substantial second half slow-down. The Chinese equity markets are clearly worried as well as the 10% rebound seen in other global
Source: CNBC
USING THE ECRI AS AN INVESTMENT TOOL
by ilene - June 2nd, 2010 12:42 pm
USING THE ECRI AS AN INVESTMENT TOOL
Courtesy of The Pragmatic Capitalist
Great tool here from David Rosenberg at Gluskin Sheff. As we note on a weekly basis the ECRI’s leading index has proven to be a fairly prescient market indicator. Mr. Rosenberg did the legwork for us and shows us how to utilize this tool in our investment plans. He broke down the historical market performance based on the ECRI’s varying phases. As noted last Friday, we are clearly in a Phase 3 slowdown according to the ECRI. Therefore, it can be expected that the S&P will remain volatile and likely underperform:
(Right click for larger image)
Source: Gluskin Sheff