Greetings,
The United States: The Dallas Fed’s manufacturing survey shows that businesses boosted wages this month.
Equities: September tends to be the worst month for US stocks.
Rates: The Treasury curve undergoes a bull steepener when the unemployment rate starts rising.
China: Economists continue to lower their projections for China’s GDP growth.
Emerging Markets: Hedge funds have been boosting their bets on EM equities.
Commodities: Platinum has been rebounding, widening its outperformance over palladium.
Food for Thought: Canada’s 2023 wildfire emissions in perspective:
Edited by William Villacis
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