Greetings,
The United States: Employment growth has slowed the most in cycle-sensitive sectors.
Unit labor costs increased less than expected last quarter.
The United Kingdom: The BoE hiked rates by 50 bps, …
… amid elevated inflation and wage growth.
Equities:Tech shares drove outperformance in several sectors over the past few days.
The Eurozone:More rate hikes are coming.
Commodities: The inverse correlation between gold and US real yields has weakened.
Food for Thought: Pedestrian deaths:
Edited by Josh Oldmixon
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