FYI | Sep 02 2011
By Rudi Filapek-Vandyck, Editor FNArena
I joined Twitter. Not because I am curious what this celebrity has to say about her kids, or to read that another one is waiting for a connecting flight, impatiently. Twitter allows me to follow news and commentary sources such as Dow Jones' Marketwatch, Bloomberg News and the Wall Street Journal. It assists me in keeping up with what is happening across the globe, while I am observing and analysing financial markets myself.
While I am on Twitter, reading a quote here and a news flash there, I offer my own succint insights and commentary. Those amongst you who have already discovered the virtues of a Twitter account can add my Tweets to their daily news via @filapek.
For those who have no intention to join Twitter, but would like to stay up to date, below are my Tweets from the week past:
– JP Morgan concludes Global Aug PMI surveys suggest odds in favour of weak IP and GDP data in months ahead, esp US and Emerging Asia concern
– Not that market is actually paying attention but… seasonally adjusted the Aug PMI in China was actually down, the HSBC survey is below 50
– The underlying message from China's PMI surveys seems to be disaster avoided, but not a flash and swift rebound either
– Interesting… historically such a low reading in US Cons Confidence has proved to be an accurate contrarian indicator on 6 months horizon
– Historical analysis shows August's big drop in Conf Board's Cons Confidence only happened once (Sep 2005) without a subsequent recession
– Boring observation, I know, but doesn't 2011 look a whole lot like 2010? Same dynamics, same issues, same focus,.. same rally?
You can add my regular Tweets on Twitter via @filapek
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