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China PMI Prints Most "Schrodinger-ish" In 23 Months As Japan Ups Growth 'Guess'

Tyler Durden's picture





 

It's 815ET on New Year's Eve and China PMI just printed below expectations at 50.6 - very marginally in expansion. The trouble is this is now the most divergent from the HSBC China PMI since January 2011 indicating once again that nothing matters and yet at the same time - the PBOC ain't coming to the rescue anytime soon. Meanwhile, in another epic realm of imaginary finance, Japan just increased its growth expectation to 2% for next year - whilst we are at it, we 'expect' rainbow-pooping unicorns for everyone next year (we just 'hope' noone is disappointed).

  • *JAPAN GOVT MAY RAISE FY GROWTH FORECAST TO 2%, YOMIURI SAYS

The diverging awesomeness of China's PMI...

 

and rainbow-pooping unicorns...

 


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Mon, 12/31/2012 - 21:36 | Link to Comment ACP
ACP's picture

Oh yeah, well Bernanke poops Tiffany cuff links.

http://www.youtube.com/watch?v=urpIqEr5g30

Mon, 12/31/2012 - 21:34 | Link to Comment TheSilverJournal
TheSilverJournal's picture

I hope the rainbow poo tastes like sorbet. That's pretty much what the gov and Fed does, serves us shit pretending it tastes good.

Mon, 12/31/2012 - 21:51 | Link to Comment Seasmoke
Seasmoke's picture

Skittles. Chewy and gets stuck in your teeth

Tue, 01/01/2013 - 01:59 | Link to Comment JPM Hater001
JPM Hater001's picture

I cant be the first one to say this...When shit in China goes bad...

Leadership lies like it's never lied before...which is what they think reality is...

China lied about growth when there was growth.  I see no reason for growth thus this lie is not a lie but a catastrophic coverup.

Mon, 12/31/2012 - 21:40 | Link to Comment Id fight Gandhi
Id fight Gandhi's picture

Happy new year everyone. Drink up. You'll need it.

Mon, 12/31/2012 - 23:14 | Link to Comment Yen Cross
Yen Cross's picture

 Tyler, I have been quiet on China over the last 2 weeks. I have watched small yuan inflows, (as opposed to net outflows), and electricity usage, ore prices, yuan fixing vs usd ect... 

 PBoC is heavily invested in / internal consumption. China is not going to be an export " leviathian", but China is allowing the yuan to gain some purchasing power for internal consumption. (imports). Japan is devaluing and hot money is running through Asia.

 I like commodities next year. Demand in Asia will grow/ The $ will lose value.  ( Inbred Jed Bantering via congress).

  P.S. FUCK OFF Goldman Sachs!

Mon, 12/31/2012 - 21:55 | Link to Comment earleflorida
earleflorida's picture

slightly 'OT', but... a well deserved and prosperous 'Happy New Years' for ZH's , and a certain "Tyler Durden" for creating the best[est] financial blog on the internet!!!

Bravo ;-)>

Mon, 12/31/2012 - 21:57 | Link to Comment drwillia1
drwillia1's picture

$10 New Year special offer - change your investing style

http://change-in-trend.com/

Mon, 12/31/2012 - 22:03 | Link to Comment knukles
knukles's picture

I'm waiting for the punch line...

(Ya' know, if ya' think statistics in the US are manufactured, just what the fuck you think of the guesses in China?)

Mon, 12/31/2012 - 22:20 | Link to Comment Yen Cross
Yen Cross's picture

 China statistics are fubar knuckles/ Flows aren't. Island $ is moving back mainland,  SHCOMP

Mon, 12/31/2012 - 22:23 | Link to Comment Bunga Bunga
Bunga Bunga's picture

Beware of the rainbow-pooping unicorns.

 

http://www.youtube.com/watch?feature=player_embedded&v=lxHhBx1FtLQ

Mon, 12/31/2012 - 22:24 | Link to Comment cdude
cdude's picture

"Japan just increased its growth expectation to 2% for next year"

Japan just installed a turbo on the printing presses>>>>>>>>>> devalued yen >>>>>>>>>>>>>>> inflation >>>>>>>>> GDP (print) rises due to  true inflation vs calculated inflation disconnect.

It's not accurate to call GDP, swelling under conditions of continued monetary devaluation,  "growth". But they will make that claim nonetheless.  

Mon, 12/31/2012 - 22:30 | Link to Comment NoDebt
NoDebt's picture

Let's convince China to start offering 0% down liar-loans and massive entitlement programs to their citizens and throw a wrench in their gears, too.

That reminds me.... I just thought of a use for the now-defunct Twinkie factory.  Ship Twinkies to China and give everyone over there "Government Twinkie Stamps" for free Twinkies.  We'll make fat, diabetic bastards out of them in no time!

HEY, HONEY??!!!!  Need a refill over here, please!  My glass is getting dry!

Happy New Year!

 

 

Mon, 12/31/2012 - 22:39 | Link to Comment Yen Cross
Yen Cross's picture

 Every douche bag hedge fund is long Nikkei exporters/

Mon, 12/31/2012 - 23:27 | Link to Comment Yen Cross
Yen Cross's picture

 I am summoning ( LONG SOUP LINE)!

Tue, 01/01/2013 - 02:27 | Link to Comment orangegeek
orangegeek's picture

I'm turning Japanese
I think I'm turning Japanese
I really think so
Turning Japanese
I think I'm turning Japanese
I really think so
I'm turning Japanese
I think I'm turning Japanese
I really think so
Turning Japanese
I think I'm turning Japanese
I really think so

No sex, no drugs, no wine, no women
No fun, no sin, no you, no wonder it's dark
Everyone around me is a total stranger
Everyone avoids me like a cyclone Ranger
Everyone...

That's why I'm turning Japanese
I think I'm turning Japanese
I really think so
Turning Japanese
I think I'm turning Japanese
I really think so
I'm turning Japanese
I think I'm turning Japanese
I really think so
Turning Japanese
I think I'm turning Japanese
I really think so

Tue, 01/01/2013 - 03:14 | Link to Comment JPM Hater001
JPM Hater001's picture

Where do I send the medical bill for therapy?

Tue, 01/01/2013 - 19:28 | Link to Comment smiler03
smiler03's picture

"and yet at the same time - the PBOC ain't coming to the rescue anytime soon. "

 

Once again Tyler is condoning the lack of Central Bank intervention. 

Tue, 01/01/2013 - 20:23 | Link to Comment JamesBond
JamesBond's picture

Japan and China are trying to outdo each other on the eonomic growth world propoganda stage ...

It's a form of sabre rattling.

 

jb

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