17 Scary Numbers From the Third Quarter
Stock returns might have looked good, but there were plenty of unnerving stats last quarter.
The third quarter of 2012 might have been less scary than in years past, but there was still plenty of bad news in the marketplace. Every quarter, I take a look at some numbers that jumped out at me. Here are some notable ones for the most recent three-month period.
47.6: August reading of the HSBC China Manufacturing PMI, the lowest level in 41 months. The decline in China's important manufacturing sector raises big questions about the country's ability to gracefully shift down to a more sustainable growth path.
Bearemy Glaser does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.