Greetings,
The United States: US employment cost index falls for the third quarter.
• The 1-year US sovereign credit default swap spread signals market fears similar to 2011. The market expects the government to take the debt ceiling fight to the brink.
Canada: Economic growth slowed in November but remained in positive territory.
China:The manufacturing PMI data from S&P Global was less upbeat than the official report. Factory activity remains in contraction mode.
United Kingdom: Mortgage approvals in the United Kingdom fall significantly.
Commodities: Coffee futures are rebounding.
Equities: Small caps have been outperforming.
Food for Thought: Who lost money on crypto?
Edited by Josh Oldmixon
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
