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Strategies & Market Trends : Contrarian Investing
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To: pcyhuang who wrote (3475)8/23/2011 4:11:47 AM
From: pcyhuang   of 4080
 
Investors Sentiment Bolstered by Reading of Chinese Purchasing-Managers Index

Investor sentiment was also bolstered today after HSBC and Markit Economics reported a preliminary reading of 49.8 for its Chinese purchasing-managers index in August, compared with last month’s final reading of 49.3. The final August number is due Sept. 1. A reading below 50 indicates a contraction.

bloomberg.com
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