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Molson_Hart's profile
Molson Hart
Molson Hart
Molson Hart
@Molson_Hart

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Molson Hart

@Molson_Hart

CEO at http://amazon.com/viahart . CEO at http://edisonlf.com . I tweet about business, e-commerce, supply chain, health, law, & infrastructure

Austin, TX
Joined July 2015

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    1. Simon Rabinovitch‏Verified account @S_Rabinovitch Mar 30
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      Big bounce in China's PMI in March. For all those doubting its validity or, at the opposite end, declaring that the economy is enjoying a V-shaped rebound, you'd be advised to look at the statistics bureau's actual explanation. Four key points: (1/)pic.twitter.com/ZH9mFHhQSv

      11 replies 113 retweets 162 likes
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    2. Simon Rabinovitch‏Verified account @S_Rabinovitch Mar 30
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      -- PMI is extremely sensitive to short-term changes (asking companies whether business conditions are better or worse this month compared with last month); -- March was clearly better than February, when the economy was in total lockdown (and when the PMI hit a historic low);

      3 replies 14 retweets 35 likes
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    3. Simon Rabinovitch‏Verified account @S_Rabinovitch Mar 30
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      -- the economy is still under a lot of pressure and is not back to its pre-crisis state; -- it normally takes at least three consecutive months of positive PMI readings to indicate that the economic trend has really improved.

      2 replies 11 retweets 35 likes
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      Molson Hart‏ @Molson_Hart Mar 30
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      Replying to @S_Rabinovitch

      People are going to wrongly read PMI as GDP. It's totally different. 52.5 just means that the economy improved from February (no shit).pic.twitter.com/JWYmdcDpvO

      7:01 PM - 30 Mar 2020
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      • Carlos Santonja
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