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Greetings,
United States: Let’s begin with Friday’s payrolls report, which topped economists’ forecasts.
Low-wage sectors are leading the rebound.
Eurozone: Speculative bets on the euro are hitting record highs. A crowded trade?
The euro is at a downtrend resistance.
Commodities: This chart shows the option-implied probability distribution of gold prices.
Equities: Analysts are increasing EPS estimates for S&P 500 companies.
Credit: US business loan balances at banks keep shrinking.
Food For Thought: Income, consumption, and savings, by income category:
Edited by Daniel Moskovits
Contact the Daily Shot Editor: Editor@DailyShotLetter.com
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