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United States: With pandemic aid on hold, economists are concerned about the looming income cliff.
Missed rent and mortgage payments continued into August.
Eurozone: Some Eurozone banks have substantial exposure to Turkey.
Equities: US equities tend to struggle three months prior to a presidential election.
Rates: Foreigners tend to boost their Treasury holdings when the dollar weakens.
Also, here is Deutsche bank’s forecast for the Fed’s balance sheet.
Global Developments: Finally, this chart shows global equity ETF flows.
Food For Thought: Sales of hard seltzer:
Edited by Devon Lall
Contact the Daily Shot Editor: Editor@DailyShotLetter.com
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