—- China SeesSharpestContractionof Output SinceNovember 2011; JapanReturnstoGrowthbutBusinessSentimentCollapses // Mish’s Global EconomicTrendAnalysis It’s a mixed bag in Asia, but all things considered an overall weak one. Let’s take a look at the data to see what bulls and bears have to cheer about. China PMI The HSBC China ServicesPMI Shows Sharpest Contraction of Output Since November 2011. HSBC China Composite PMI signalled that business activity in … Seguir leyendo China Sees Sharpest Contraction of Output Since November 2011; Japan Returns to Growth but Business Sentiment Collapses feedly

—- ISM Non-ManufacturingIndexincreasesto 53.1 inMarch // CalculatedRisk The March ISM Non-manufacturing index was at 53.1%, up from 51.6% in February. The employment index increased in March to 53.6%, up from 47.5% in February. Note: Above 50 indicates expansion, below 50 contraction. From the Institute for Supply Management: March 2014 Non-ManufacturingISMReportOnBusiness® Economic activity in the non-manufacturing sector grew in March for the 50th consecutive month, say … Seguir leyendo ISM Non-Manufacturing Index increases to 53.1 in March feedly

—- Leggett:"global marketshock" from "oilcrash" couldhitin 2015 // PeakEnergy The Guardian has an article on Jeremy Leggett’s new book "TheEnergyofNations: RiskBlindnessandtheRoadtoRenaissance" – Exgovtadviser: "global marketshock" from "oilcrash" couldhitin 2015. In a new book, former oil geologist and government adviser on renewable energy, Dr. Jeremy Leggett, identifies five "global systemic risks directly connected to energy" which, he says, together "threaten capital markets and hence the global … Seguir leyendo Leggett:”global market shock” from “oil crash” could hit in 2015 feedly