NEW YORK ( TheStreet) -- Monday's worldwide PMI Manufacturing readings highlighted two things, world economies are stabilizing, but holes are still pervasive throughout the recovery.The Far East showed that Chinese manufacturing remains fairly directionless, just bumping along the lines of expansion and contraction. A little north, however, Japan is reaping benefits from its monetary stimulus as its manufacturing data showed a pickup in momentum.
Global Macro: World Manufacturing Data Exposes Holes
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