Greetings,
The United States: The Conference Board’s index of leading economic indicators looks increasingly recessionary.
The United Kingdom: Retail sales declined in March.
Credit: Banks have also borrowed heavily from FHLBs.
Equities: S&P 500 profit margins will see further declines toward average levels.
Energy: US jet fuel inventories have rebounded.
Cryptocurrency: The drop in ETH option skews suggests traders were unwinding their downside hedges ahead of the Ethereum network upgrade.
Food for Thought: Homeless public school students:
Edited by Josh Oldmixon
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