Greetings,
The United States: The core PCE inflation (the Fed’s preferred measure) slowed more than expected.
The Eurozone: When will the ECB begin cutting rates?
China: Consumer sentiment has been awful.
Equities: Here is the relative performance of the S&P 500 equal-weight index.
Here is S&P 500 sector performance for 2023.
Global Developments: Global investment-grade bonds just had their best two months on record
Commodities: Rice prices continue to climb.
Food for Thought: Weekly working hours and wages:
Edited by William Villacis
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Subscribe to the Daily ShotAverage hourly wages for US teens: Brief