Though investors around the world have bought stocks in preparation for a massive 2016-style rebound in the global economy. We’ve discussed that because of China’s credit impulse has rolled over, the probabilities of a massive rebound in China’s economy or even the rest of the world remains low — though it’s possible the global economy could stabilize, it’s just the idea that a huge rebound is unlikely.  

Fathom Consulting’s China Momentum Indicator 2.0 (CMI 2.0) provides a more in-depth view of China’s economic activity than official Chinese GDP statistics. 



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