The United States: Here is an overview of the US trade with China. Some analysts believe that China’s massive surplus with the US will make a significant retaliation against US trade restrictions less likely.
Europe: Sweden’s manufacturing expansion is slowing. Will this weakness also show up in the Eurozone this year?
Equity Markets: It was a highly unusual week of high correlations between stocks vs. bonds. Here are the weekly changes in the S&P 500 (SPY) vs. long-term Treasuries (TLT).
Credit: Here is how the corporate bond issuance in January compares to the previous years.
The United Kingdom: The UK’s construction activity continues to weaken amid Brexit uncertainty (see comments below from Markit).
Energy Markets: The US oil rig count keeps grinding higher as CapEx picks up.
Cryptocurrencies: South Korea’s massive speculative premium to Bitcoin is no more. Someone made good money selling cryptocurrencies to students, etc. at a significant premium to market prices (at the top of the market).
Food for Thought: The democracy index.
Edited by Joseph N Cohen
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