Greetings,
The United States: The dollar’s strength will continue to put downward pressure on import prices.
The Eurozone: Economists are concerned that the latest weakness in business activity will pressure the labor markets.
Equities: The S&P 500 total return index (including dividends) is back at record highs.
China: Capital inflows are expected to grow through 2020.
Global Developments: Speculative accounts are once again increasing their bets on the US dollar.
Food for Thought: Who wants to tax the rich more?
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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