Getting wonky on the PMI
Subscribe to keep reading.
Trivium Markets keeps you briefed on the latest developments in China markets policy.
Already a subscriber? Log in.
We typically refrain from putting too much stock in Chinese PMIs, especially in the first quarter of the year.
That’s because we see two big problems with this data.
First, while China’s PMIs are seasonally adjusted, statistical programs still haven’t figured out how to properly account for events t...