PMIs Head to China

The video discusses the current estimates for manufacturing and nonmanufacturing sectors, focusing on China's PMI expectations amid economic shutdowns. It highlights potential discrepancies in data reliability and examines European PMI quirks related to supply chain disruptions. The conclusion emphasizes skepticism about the reported figures and the real economic impact.

What are the Bloomberg survey estimates for China's manufacturing and nonmanufacturing PMI?

• 47.4 for manufacturing and 50.0 for nonmanufacturing

• 52.0 for manufacturing and 45.0 for nonmanufacturing

• 50.0 for manufacturing and 47.4 for nonmanufacturing

• 45.0 for manufacturing and 52.0 for nonmanufacturing

Why is there skepticism about the PMI data reliability?

• Due to the economic shutdown affecting data collection

• Due to the high demand for products

• Because the data is always accurate

• Because the data is collected from multiple sources

What is the expected trend for China's PMI numbers according to the discussion?

• Numbers will remain the same

• Weaker numbers than expected

• Numbers will be unpredictable

• Stronger numbers than expected

What unusual factor affected the European PMI data?

• Increased demand for products

• Stable delivery times

• Supply chain disruptions due to coronavirus

• Improved economic conditions

What is the narrative about the European economy that the speaker questions?

• The economy is unpredictable

• The economy is recovering

• The economy is stable

• The economy is declining