The United States: An index based on legal transactions (LegalShield) does not support the recent jump in existing home sales.
The Eurozone: The “gilets jaunes” movement persists.
Equities: The global corporate earnings newsflow index has stabilized.
China: The housing market policy conditions remain tight (in 2017 Beijing tightened requirements for home purchase).
Global Developments: Here is the percentage of countries that are in expansion mode.
Food for Thought: Rental occupancy rates:
Edited by Joseph Cohen
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Thanks to Josh Marte (@joshdigga), Matt Garrett (@MattGarrett3), Joseph Cohen (@josephncohen), Ycharts.com, S&P Global, and Moody’s Investors Service for helping with the research for the Daily Shot.
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