Tuesday, June 12, 2012

At least China's acting well...

Watch the whiplash.  Markets are acting like Rihanna & Chris Brown and their turbulent on/off relationship.  Nobody really knows what to think.  Europe continues to haunt us and Greece's Jun 17 election is anybody's call. 

That said, China's behaving well.  They just released a slew of economic data and the best way to describe it is 'Goldilocks'.  Data was perfect mix of good/bad.  While showing few signs of an economic crash, it conveniently still supports the case for more economic easing.  How picture perfect (insert sarcastic emoticon here!)  Sure, it's fine to be suspicious.  However, as I've said before, in times of economic disarray command economies can be pretty damn convenient.  

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