Home > Daily Reading on the Financial Markets, Financial Ponzi, investing, Stock Market > Daily Reading on the Financial Markets: 8/23/12

Daily Reading on the Financial Markets: 8/23/12

HSBC Chinese Purchase Managers Index (PMI) continues to deteriorate.

Mike Shedlock on whether a Fed green-light of QE3 is a sell-the-news event.

From Zero Hedge, Eric Sprott on the negative interest rates currently being seen on German (and other) bonds, and whether it suggests a collapse in the financial system is approaching.

The Bloomberg consumer comfort index continues to plummet, reversing spring’s uptrend.

One-Year Chart for Consumer Comfort Index (COMFCOMF:IND)<br />

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