Monday, October 18, 2010

Global Economic Recovery Watch

Over the last few weeks, the Conference Board has reported increases in Leading Indexes for the following countries for August:

1. Japan (+0.2%)

2. U.K. (+0.1%, following gains in June and July).  

3. China (+0.7%, following increases of 0.8% in July and 1.2% in August).

4. Spain (+0.6%, second consecutive monthly increase).   

2 Comments:

At 10/18/2010 6:16 PM, Blogger Benjamin Cole said...

Japan has been "recovering" for 20 years.

Tight money turned Japan into a backwater nation.

Their bondholders have done okay.

 
At 10/19/2010 8:01 AM, Blogger juandos said...

The Chief Economist for the Conference Board wrote the following about the US: Economic risks remain firmly tilted downward

Shows positive housing starts...

John Mauldin over at InvestorsInsight has this: The Subprime Debacle: Act 2

Is there a clash here of either data or of analysis of the data?

 

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