Greetings,
United States: Inflation volatility is back.
Sustained inflation gains will require stronger wage growth. The latest Evercore ISI survey suggests that it’s a possibility.
Eurozone: The ECB’s increase in securities purchases hasn’t been as aggressive as “promised.” Will the market test the central bank with higher yields?
Asia-Pacific: Singapore is out of recession.
China: Will we see another state-owned company default? The bond market thinks so.
Emerging Markets: Russia’s bonds have underperformed recently as foreign investors pulled out.
The possibility of a summit with the US sent the ruble sharply higher.
Food For Thought: Views on making it easier for Americans to vote:
Edited by Devon Lall
Contact the Daily Shot Editor: Editor@DailyShotLetter.com
