Jan. 2 (Bloomberg) -- China’s manufacturing grew at the weakest pace in three months in December after the government tightened monetary policy to restrain inflation and closed factories to meet energy-efficiency targets.
The leading indicators discussed in our The Global Business Cycle (a special monthly report published by The Peter Dag Portfolio) were correct. They have been pointing to slower growth in China for many months. Please review this report to see what other countires (including Brazil) are following the same path as China.
George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
Ranked second best gold timer by Timer Digest
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