Tuesday, Jun 16, 2009
Have stock markets run away from reality?
Investment Postcards: Have stock markets run away from reality?
The “less-bad-than-expected” school of thought is largely based on survey data such as the Purchasing Managers Indices (PMIs). It therefore makes for interesting reading to revisit the historical relationship between the PMI and stock market movements.
Click here for the (somewhat bearish) research results: http://www.investmentpostcards.com/2009/06/16/stock-markets-%E2%80%93-running-away-from-reality/
Posted by prieur du plessis @ 10:46 AM (317 views) Add Comment
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