What to do? How do we get a handle on this? In such circumstances we prefer primary early indicators and third party data. What are the export/import trends with trading partners? What are the trends in key material markets, such as copper, tin, cement,oil and so on? How are key retailers like Walmart doing ? Are they acquiring or selling gold or foreign currency reserves? Put simply, ignore the funny-money economic data and focus on objective verifiable indicators that are closer to the real physical economy.
Think different- and be careful out there ..
April 1, 2014
Asian Stocks Swing Between Gains, Losses on China Data