Zarathustra writes:
China’s export and import growth on a year-on-year basis were both worse than expected for November.
Export rose 2.9% in November compared with the same month last year, down from 11.6% yoy growth in October, and well below consensus estimate of 9.0% yoy, while import was flat compared to a year ago…..
See YOY chart at China’s trade data for November disappoint.
Colin Twiggs is a former investment banker with almost 40 years of experience in financial markets. He co-founded Incredible Charts and writes the popular Trading Diary and Patient Investor newsletters.
Using a top-down approach, Colin identifies key macro trends in the global economy before evaluating selected opportunities using a combination of fundamental and technical analysis.
Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008/2009 and 2020 bear markets well ahead of actual events.
He founded PVT Capital (AFSL No. 546090) in May 2023, which offers investment strategy and advice to wholesale clients.