United States: Americans are increasingly confident in their financial situation.
Eurozone: Germany’s December factory orders and industrial production reports were so bad that analysts are using the “R” word again. Here is the breakdown by sector.
Nonetheless, Commerzbank’s GDP tracker for Germany shows a rebound.
Asia-Pacific: Goldman Sachs expects the coronavirus to be a substantial drag on Taiwan’s and South Korea’s first-quarter GDP growth.
Equities: Analysts are concerned about elevated valuations. The chart below shows the S&P 500 forward 12-month P/E ratio (two different time scales).
Global Developments: China has become increasingly important to global growth.
Food for Thought: Share of national income of the bottom 50%:
Edited by Daniel Moskovits
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