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  • OECD's CLI from friday

    Dear iTulipers,

    friday was the new issue of OECDs' CLI released.

    Find the news release here:
    dez'08 (oct.08)
    http://www.oecd.org/document/57/0,33..._1_1_1,00.html
    Nov'08 (sep.08)
    http://www.oecd.org/document/7/0,334..._1_1_1,00.html

    Please pay special attention to chinas switch from "downturn" to "strong slowdown".

    Why are the histograms for china different ? Is the method for CLI changed ? :confused:


    OECDs' CLI Nov. 2008


    OECDs' CLI Dec. 2008

    Makkie
    Attached Files
    Last edited by FRED; December 07, 2008, 01:58 PM. Reason: Display pics as embedded images so that the contrast is easier to see.

  • #2
    Re: OECD's CLI from friday

    Nobody cares ?

    Comment


    • #3
      Re: OECD's CLI from friday

      Originally posted by makkie View Post
      Dear iTulipers,

      friday was the new issue of OECDs' CLI released.

      Find the news release here:
      dez'08 (oct.08)
      http://www.oecd.org/document/57/0,33..._1_1_1,00.html
      Nov'08 (sep.08)
      http://www.oecd.org/document/7/0,334..._1_1_1,00.html

      Please pay special attention to chinas switch from "downturn" to "strong slowdown".

      Why are the histograms for china different ? Is the method for CLI changed ? :confused:


      OECDs' CLI Nov. 2008


      OECDs' CLI Dec. 2008

      Makkie
      My take is that the Nov. chart is non-smoothed data and the Dec. chart is smoothed. The dive in Nov. shows the severe downturn that month. Maybe they decided to show it in a smoothed graph because unsmoothed form it might be interpreted as volatility versus trend.
      Ed.

      Comment


      • #4
        Re: OECD's CLI from friday

        FRED - thanks for your quick reply.

        A smoothed curve ? Hmmm.


        (How do you insert a pic so anybody can see it immediately ? I tried but failed )

        Comment


        • #5
          Re: OECD's CLI from friday

          Originally posted by makkie View Post
          FRED - thanks for your quick reply.

          A smoothed curve ? Hmmm.


          (How do you insert a pic so anybody can see it immediately ? I tried but failed )
          Click on the IMG icon in the edit menu bar and enter the URL of the image. If the image is not already at a URL, then post the image first as an attachment as you did then get the URL of the attachment by left-linking on it with our mouse, then use that URL as the URL with the IMG icon function in the edit menu bar.
          Ed.

          Comment


          • #6
            Re: OECD's CLI from friday

            Unfortunately it now seems that "globalization" was yet another bubble that is due for collapse. The consumption bubble in the US was mirrored by a business investment bubble in China/Asia.

            Will we now witness an unwind of the US current account deficit? Up to date stats are hard to find...

            Comment


            • #7
              Re: OECD's CLI from friday

              Originally posted by unlucky View Post
              Unfortunately it now seems that "globalization" was yet another bubble that is due for collapse. The consumption bubble in the US was mirrored by a business investment bubble in China/Asia.

              Will we now witness an unwind of the US current account deficit? Up to date stats are hard to find...
              fun while it lasted. look for thomas friedman's new book...

              THE WORLD, FLATTENED



              Comment

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