Greetings,
The United States: As projected by Barclays Research (see chart from yesterday), US retail sales in July exceeded expectations, easing recession concerns.
The United Kingdom: The monthly (production-based) GDP indicator was flat in June.
Emerging Markets: Argentina’s inflation has begun to ease but remains in hyperinflation territory.
Commodities: Orange juice futures broke above a short-term consolidation.
Equities: Here is a look at passive vs. active cumulative fund flows since 2008.
Rates: BofA private clients continue to extend their debt portfolio duration.
Food for Thought: Electricity consumption per request for various AI platforms:
Edited by Josh Oldmixon
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