Greetings,
The United States: The combination of faster supplier deliveries and shrinking order backlogs in the US ISM manufacturing PMI report points to tighter corporate margins and lower PPI.
Europe: The Swiss central bank tightened monetary policy by sharply reducing liquidity last month.
Asia – Pacific: Singapore appears to be entering a recession.
Equities: Dividend ETFs continue to see inflows.
Energy: OPEC’s production has diverged sharply from targets.
Cryptocurrency: Bitcoin mining conditions are starting to improve as competition increases. So far, BTC price has not provided an incentive to miners this cycle.
Global Developments: Here are the recent PMI indicators by country (PMI < 50 means contraction).
Food for Thought: To conclude, here’s an overview of the EU’s aging population:
Edited by William Villacis
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
