Greetings,
United States: The top 20% of households by income generate almost all the savings in the US.
United Kingdom: The UK’s rising net foreign liabilities have been financing the trade deficit.
Eurozone: The rebound in Germany’s ZEW indicator stalled amid concerns about the coronavirus epidemic (second chart). Germany’s industry is heavily exposed to China.
China: Many small businesses are quickly running out of cash.
Equities: According to Goldman, just five stocks – Facebook, Amazon, Apple, Microsoft, and Alphabet – account for all of the S&P 500’s year-over-year earnings per share growth.
Food for Thought: Life expectancy around the world:
Edited by Devon Lall
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