$SPX vs. $CRX
click on any chart for a sharper image
$CYC vs. $CRX
$TRAN vs. $CRX
$DJUSRR vs. $CRX
What is the Commodities Sector Seeing that the Stock Market Doesn't?
The answer from my friend Pater Tenebrarum who also saw these charts is "the coming economic bust in China - which has likely already begun."
That idea is in-line with several of my recent posts ...
- Hidden Losses and Little Reform; China May Be Slowing More Than You Think
- World Bank Warns of Economic Crisis in China; Only 3% Growth for Decade Says Michael Pettis
- "Curbs Needed to Avoid China Property Chaos" Says China's Premier; Chinese Economy Already in Hard Landing? Regardless, It's Too Late to Prevent Chaos
- Michael Pettis: Long-Term Outlook for China, Europe, and the World; 12 Global Predictions
Mike "Mish" Shedlock
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