OECD leading indicators turning sharply
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The market does not beat them. They beat themselves, because though they have brains they cannot sit tight. - Jesse Livermore
The market does not beat them. They beat themselves, because though they have brains they cannot sit tight. - Jesse Livermore
OECD leading indicators turning sharply
Sharp turn in leading indicators when measured as m/m changes. OECD tend to look at 6m changes, but turning points are actually spotted faster looking at m/m changes. China in chart below is turning very fast. Overall confirms picture from PMI data.
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