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The United States: The University of Michigan’s updated consumer sentiment index showed further deterioration in the latter half of the month.
The United Kingdom: The UK’s long-term public debt trajectory is highly sensitive to productivity growth, with lower productivity scenarios leading to unsustainable debt levels. Past productivity forecasts from the OBR have tended to be overly optimistic, raising concerns about the feasibility of baseline debt projections.
Commodities: Speculative accounts continue to increase their bets on US corn futures.
Energy: US drilling activity continues to rebound.
Equities: Stocks retreated on Friday.
Credit: Here is last week’s performance.
Food for Thought: The rising cost of producing a penny:
Edited by Josh Oldmixon
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