Gavekal Capital: European Manufacturing PMIs Mostly Positive

Monday, December 2, 2013

European Manufacturing PMIs Mostly Positive

With the notable exceptions of Spain and France, survey data released for Europe's manufacturing sector were largely positive-- a continuation of a trend that began earlier this year:

This would seem to indicate an increased likelihood of stronger industrial production data in the coming weeks:

About Gavekal Capital

Gavekal Capital is a US registered investment advisory firm that manages the Gavekal Knowledge Leaders Strategy. Knowledge Leaders are a group of the world’s leading innovators with deep reservoirs of intangible capital. These companies often possess competitive advantages such as strong brand, proprietary knowledge or a unique distribution mechanism. Knowledge Leaders are largely service-based and advanced manufacturing businesses, often operating globally. Gavekal Capital seeks to identify the world’s leading knowledge companies through a proprietary process that analyzes corporate knowledge investments.
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