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The improvement underscored the view held by many analysts that the Chinese economy is on course for a gradual slowdown, rather than a sharp collapse, this year — if, as is widely expected, the authorities take more steps to bolster growth in coming months.
A sharp collapse in its business is often the singular signal that the industry has hit a tipping point and an irreversible downward spiral kicks in for the incumbent's business.
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But neither do we think it is a likely replay of October 1987, when a similar sharp collapse was a great buying opportunity.
But neither do we think it is a likely replay of October 1987, when a similar sharp collapse following on weeks of soggy markets was the prelude to a mighty bull market that rose almost straight up from the bottom.
The sharp rise in oil prices follows an equally sharp collapse over the previous two years, when prices fell by more than half to their lowest level in real terms since before the 1973 shock.
The additional hours pointed to a stabilization in January after the sharp collapse in growth at the end of last year.
We prove a sharp basis collapse theorem, which shows that for domain size 3 and 4, all non-trivial holographic reductions can be expressed with a basis of size 1 or 2, respectively.
Interestingly, three cancer-mutated genes had a similar differential co-expression pattern with YWHAZ, and all have a sharp correlation collapse in cirrhosis.
While not as steep a loss as the $37.4 billion that these companies lost during the second quarter of 2015, it's just the latest in a series of giant gouts of red ink brought on by the sharp collapse of oil prices that started back in 2014.
This sharp collapse in most of the world's emerging markets was caused to a great extent by investors' migration away from perceived riskier assets.
In a separate assessment of the state of the UK economy following the referendum, the ONS said that while the post referendum picture was still emerging, there had been no sharp collapse in confidence as some had feared.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com