Economic Activity Remains Weak Around the World

by Pater Tenebrarum
Acting Man

Markit Releases Flash PMI Data

Markit and HSBC have released a number of ‘Flash PMI’ reports which continue to point to a globally synchronized economic slowdown. On this occasion it is worth quoting Fedex CEO Fred Smith on the topics of global trade and China’s economy (this was uttered during Fedex’s rather sobering earnings conference call):

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