Investment Chart Kondratiev Wave

Investment Chart Kondratiev Wave

Monday, 4 June 2012

PMI’s and the economic growth in France, the Netherlands, China and US

The PMI's in Europe show a considerable deterioration of the economic growth in Q2. Above a chart for France. According to Applied Macro Global Economics the PMI’s oeverstimate the decline of the GDP’s in Europe, but the direction is clear. Including the growing credit crunch economic growth in France will be negative in Q2.
For the Nederland the story is a bit less dire, but also in the Netherlands growth will be negative in Q2.
Even for China it is not  a happy story, but economic growth can be more than 7.5% according to the PMI’s
For the US fortunately it is a positive chart, so still a happy end (chart of Strategas).

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