Flash China Manufacturing PMI™ at 48.3 (49.2 in May). Nine-month low.
Flash China Manufacturing Output Index at 48.8 (50.7 in May). Eight-month low.
China Flash Manufacturing PMI™ Summary
Those bullish on China growth prospects need to reconsider.
Mike “Mish” Shedlock
Mike “Mish” Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.
Visit http://www.sitkapacific.com/account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific.
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