22nd Mar - Lunch: Bad PMI

For views and readings see last night’s Buiter Butchers. I’m on Twitter, Facebook, email, paper.li. 

News And Market Re-Cap – RanSquawk / ZH

The euro zone today: strikes, reform and recession – MacroScope / Reuters

The Lunch Wrap – alphaville / FT
Morning MarketBeat: China Pain Denting Stocks – MarketBeat / WSJ

EZ Crisis Daily Press Summary – Open Europe

EURO CRISIS

Strategic Briefing: Is The Euro Crisis Over? – The Capital Spectator

Summaries of recent articles. No, the crisis is not over.

PMIs LOUSY EVERYWHERE

A technical recession in the eurozone? – alphaville / FT
PMIs signal that recession might not be over – Danske Bank (pdf)

French and German PMIs back below 50, while China PMI hits 4-month low – Also Sprach Analyst

China flash PMIs *down* – alphaville / FT
China: PMI/Japan point to slowdown – beyondbrics / FT

China - Drop in HSBC PMI implies increasing downside risk – Danske Bank (pdf)

China HSBC Flash PMI At 4-Month Low – Global Macro Monitor

EMERGING

Latin America: Making the Good Times Last – iMFdirect

while now is not a time for excessive worry, or premature policy stimulus, it is also not a time for overoptimism, or complacency. The region is still prone to boom-bust cycles, and sustained strong credit growth should remind us of the need to continue to guard against financial excesses.

Dim sum bonds: is there life after Rmb appreciation? – beyondbrics / FT

End of Commodity Super-cycle? Citi’s Answer – Also Sprach Analyst