Greetings,
The United States: Consumer confidence jumped this month, boosted by the stock market rally and cheaper gasoline.

The Eurozone: The 10-year Bund yield dipped below 2% for the first time this year.

Equities: FedEx sold off sharply on revenue outlook. Could this be indicative of a broader economic slowdown?


Share buybacks have been strong in recent weeks, helping to fuel the rally.

Credit: European CCC spreads have diverged from those of US counterparts amid concerns about a recession in the Eurozone.

Emerging Markets: There is room for EM valuations to improve.

Food for Thought: Annual wages of US physicians and surgeons:

Edited by William Villacis
Contact the Daily Shot Editor: Brief@DailyShotResearch.com