Greetings,
The United States: New home sales slumped last month, down more than 30% compared to last year.
The Eurozone: PMI data looks recessionary (<50). The Purchasing Managers Index (PMI) is a measure of the prevailing direction of economic trends in manufacturing based upon a monthly survey of supply chain managers.
On a positive note, price pressures are starting to moderate.
Europe: Wage growth is surging in Poland.
China: Stocks are under pressure in Hong Kong, with the properties index about to take out the 2016 low.
Energy: We have liftoff on crude oil.
Alternatives: Global private equity and VC deal value is down 63%.
Food for Thought: Here’s a look at Google’s search activity for “student loans”
Edited by Alexander Bowers
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
