More Negative Nancy

We wrote a doom and gloom article a few weeks back on some of the worldwide economic indicators that were trending negative.  Thought we’d drop a quick update after China release more data:

  • Industrial output drops from 9% to 5% (that’s year-over-year growth… but in China growth is expected.  In the US that would be a ticker tape parade)
  • Government spending on infrastructure expanded to 16.9%
  • Home prices have fallen for 4 consecutive months

I’m not certain we are connecting any dots here… but data is data.  Are these signals?  Or noise?