Monday, 21 September 2015

Financial Orbit wrap 21/09/15

Five sentences or graphics which sum up the Financial Orbit output over the last 24 hours across the website, twitter account and anything else thought about...

1. Asia – confusing data out of China.  Whilst the headline MNI China Business Indicator was not dire (see below), the MNI China Business Indicator future expectations component fell 11.8 per cent to 52.1, the lowest reading since the survey began in 2007...

...meanwhile 'Perceptions of China economy more thoroughly divorced from facts than at any time in our nearly 5 years of surveys' as per the private (not state run) China Beige Book (link here): 

2. I use my latest ShareProphets column to write about RSA whose bid suitor Zurich Financial pulled away earlier today (link here).  

3. I write up some recent conference events...Timken (link here) and Tyco (link here).  

4. VW shares dump by nearly 20% following the emissions scandal.  A cheap stock maybe...but a flawed one too: 

5. Amusing...

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