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Asia-Pacific Unleashes Baffle 'Em With Bullshit Data Bonanza

from Zero Hedge: From South Korean exports (beat) to Aussie PMI (multi-year highs) and from China Manufacturing PMI (2012 lows) to Japan CapEx (multi-year highs), AsiaPac was awash with the exact kind of baffle 'em with bullshit data that provides just enough "see everything is awesome after all" to balance the "umm, but what about..." less glass half full perspective. For your viewing pleasure - 5 WTF charts for AsiaPac economies.

WTF1 - Aussie PMI surprises to the upside to 2 year highs as Aussie Consumer confidence collapses...



WTF2 - While Aussie business spending collapsed at tits fastest pace on record Aussie PMI surged to near cycle highs...


WTF3 - Japanese CapEx surged by the most since 2007 as GDP dropped for the 5th time in 5 years...


WTF4 - South Korean exports dropped (again) but beat expectations notably despite not having any positive impact at all on the cost of 'exporting'...


And finally...
WTF5 - China Services PMI jumps unexpectedly as the official manufacturing PMI just collapsed to its lowest level since August 2012, as the broad-based contraction accelerates.

Charts: Bloomberg

Confused yet? The answer is simple - if it's bad news, buy stocks because the central bank will be forced to ease. If it's good news, buy moar stocks because it proves central planners have fixed the problem.

SOURCE: Zero Hedge

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