Greetings,
The United States: The PPI report was much softer than expected, with the headline index remaining nearly flat last month. Core PPI edged lower, pulled down by trade services (business markups).

Equities: The S&P 500 entered correction territory on Thursday.

Credit: High-yield credit default swap volatility surged this month.

Commodities: Orange juice futures have dropped 52% from their peak as funds exit. The market has also seen some demand destruction due to persistently high prices.

Cryptocurrency: It has been a tough week for cryptos, with DeFi tokens underperforming top peers.

Food for Thought: Decline in international adoptions:

Edited by Josh Oldmixon
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