Greetings,
Equities: The Dow rally looks stretched.
Credit: Weekly bankruptcy filings rose as the Fed hiked rates, although still below prior cycle highs.
The United States: This chart shows the year-to-date employment gains by industry.
The Eurozone: This table shows some scenarios for the ECB’s policy stance this week (from ING).
Japan: The markets now see almost zero chance of a rate hike this month.
China: Economic activity is starting to improve.
Cryptocurrency: Bitcoin saw a sharp pullback on Monday, with leveraged players forced to exit.
Food for Thought: High demand for pilots:
Edited by William Villacis
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