Greetings,
United States: Restaurants are struggling to find workers as visits rebound.
Restaurant wages are going up.
United Kingdom: Retail sales jumped this month, according to CBI.
China: Investors remain concerned about Huarong’s debt.
Will other funds benefit from a regulatory cap on Yu’e Bao (the largest money market fund)?
Emerging Markets: Credit growth has been slowing across EM Asia economies.
Rates: Flows into inflation-linked Treasuries remain robust.
Food For Thought: US proposed tax increases:
Edited by Devon Lall
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