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57% of Asian stocks miss profit expectations so is GDP really outshining the US where profits are better?

Posted on 26 March 2013 with no comments from readers

Yet another disconnect between reality and statistics coming out of Asia. Bloomberg reports that 57 per cent of Asia ex-Japan stocks have missed profits estimates compared with 27 per cent in the US. Why’s that when Asian GDP is supposed to be growing much more strongly than in the United States?

Perhaps stocks are telling the true story and the official statistics will have to be revised. Mia Saini reports on Asia market performance versus the US on Bloomberg Television’s ‘On the Move Asia’…

Posted on 26 March 2013 Categories: Banking & Finance, Global Economics, Investment Gurus, US Stocks, Video Channel

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