The enemy of knowledge is not ignorance, it’s the illusion of knowledge (Stephen Hawking)

It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so (Mark Twain)

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CHINA FLASH MANUFACTURING PMI SHOWS SLOWDOWN

Nothing positive in there, other than slowing inflation. Stimulus coming.

  • Flash China Manufacturing PMI™ at 48.3 in February (49.5 in January). Seven-month low.
  • Flash China Manufacturing Output Index at 49.2 in February (50.8 in January). Seven-month low.

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