Today's Chart of the Day from Hedgeye Director of Research Daryl Jones shows a big divergence emerging in China.

This morning’s China Services PMI for May had a big jump from 52.0 to 54.0. When combined with the Caixin Manufacturing PMI, the Composite PMI in China for May hit the highest level in a year! This comes, though, as “official” China data is slowing . . . as the chart also shows.

CHART OF THE DAY: Chinese Divergences - Picture1

CHART OF THE DAY: Chinese Divergences - HEdgeyeTV Ad Email

HELPFUL LINKS:

Join New Subscriber Orientation

New Conference: Hedgeye Regional February 27, 2025

Hedgeye University | Become a Better Investor

Hedgeye Education Center | Learn More About Hedgeye