The United States: After being a drag on the GDP (austerity), the federal government now has a positive contribution to growth.
Equity Markets: Analysts remain constructive on the stock market amid sharply higher earnings revisions last quarter.
Credit: The Moody’s Liquidity Stress Indicator remains near the lows amid ‘tepid defaults.’ However, the index saw a slight increase recently after some downgrades which included Tesla’s bonds.
Emerging Markets: Which countries will be impacted by the US tariffs on China as part of the supply chain?
Energy: Are energy stocks undervalued? Perhaps the stock market is pricing in lower oil prices ahead?
Japan: Japan’s labor markets remain extremely tight, with the February payrolls decline driven by voluntary resignations.
Rates: The market does not anticipate the US yield curve to flatten much more this year.
Food for Thought: Which states have poor road quality?
Edited by Joseph N Cohen
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