The United States: The August SMI (Sales Manager Index) report from World Economics also shows strong business activity in August. Business confidence keeps improving, and hiring has accelerated. More firms are boosting sales prices.
China: Growth in outward tourism has been a drag on China’s current account.
The Eurozone: Here are the contributors to the Eurozone’s inflation.
Equity Markets: Tech firms have been driving the S&P 500 margin growth.
Global Developments: Here is a comparison of earnings and sales growth for the S&P 500 vs. the rest of the world.
Emerging Markets: We haven’t seen a spike like this in EM F/X volatility in a decade.
Here is the JP Morgan EM Volatility Index vs. the G7 equivalent (daily, since 2012).
Food for Thought: How would you fund a large purchase?
Please note that we will not be publishing the Daily Shot Brief on the following days:
• August 23rd
• August 29th
• August 30th
• September 3rd
• On August 28th, we will have an abbreviated Daily Shot Brief focusing primarily on the Food for Thought section.
Edited by Joseph Cohen
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