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Title : The Market, Energy, And Political Page, T+ 79 -- October 31, 2018
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The Market, Energy, And Political Page, T+ 79 -- October 31, 2018

OMG. John Kemp alerts us to fact that China's purchasing managers' index fell to 50.2 from 50.8, month-over-month. OMG! Is that statistic even reproducible? Statistically significant? Worse, he points out, China is reporting the slowest expansion in activity since July, 2016. Meanwhile, US confidence is at 18-year high. Sounds like the Chinese have to make a decision. Ignore Trump or get on with business. Winners don't quit and quitters don't win.

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