Saturday, November 1, 2014

SATURDAY 11/1/14; China PMI

China PMI manufacturing activity drops to 50.8 to a five-month low missing expectations at 51.1 which is also the prior month’s number. The 50.8 remains in expansion mode (above 50) but the data is disappoin


[Text is Redacted: Purchase November 2014-11 to Read the Complete Chronology]




n real estate, art, vintage cars and collectibles creating huge bubbles in these asset classes. BID plans an auction next week that should bring the highest price ever paid for a sculpture at over $100 million. Sothebys also plans to auction off other high priced art and sculptures during the week ahead and fully expects record numbers.

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