Greetings,
The United States: The Conference Board’s consumer confidence index showed improvement this month, topping estimates.
The United Kingdom: The pound has been rallying as gilt yields move higher.
China: Japan’s investment in China has been slowing.
Commodities: Gold hit an all-time high on Tuesday.
Equities: S&P 500 earnings growth has broadened outside of tech.
Credit: Munis have become cheaper relative to Treasuries in recent months.
Food for Thought: Spending on plant-based foods:
Edited by Josh Oldmixon
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