Greetings,
The United States: The February PCE inflation figure came in slightly below expectations (the chart shows monthly changes).
Equities: The S&P 500 equal weight index valuation (forward PE ratio) is now firmly above the ten-year average.
Canada: Toronto’s new home sales and housing starts remain depressed.
China: The official PMI reports topped expectations, with factory activity now back in growth mode.
Commodities: The copper market is in deep contango.
Credit: Here is credit asset performance during the first quarter.
Food for Thought: Maritime zones and airspace jurisdiction boundaries:
Edited by William Villacis
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
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