Greetings,
United States: Despite the rising concerns about the coronavirus epidemic, US consumer confidence remains robust.
However, the stock market weakness is likely to dampen consumer sentiment in the weeks ahead.
In addition, credit card delinquencies at smaller banks continue to climb.
Eurozone: The euro area ranks just below Asian economies in terms of supply chain exposure to China.
Energy: Here is the recent history of US imports of solar panels.
Rates: According to BCA Research, a deeply negative term premium has made the yield curve much more prone to set off a false alarm as a recession signal.
Equities: 64% of S&P 500 stocks have dividends that are above the 10yr Treasury yield.
Food for Thought: Tech deals since 2010:
Edited by Devon Lall
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