Succinct summation of week’s events: Positives: 1) China’s HSBC Nov preliminary mfr’g PMI rises to 50.4 v 49.5, above 50 for 1st time since Oct ’11 (Shanghai index though doesn’t respond). 2) Of 70 cities surveyed, 35 see property price increases in China in Oct vs 31 in Sept. 3)…
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Succinct Summation of Week’s Events (11/23/12)