Greetings,
The United States: The February Sales Managers’ Index (SMI) showed further moderation in US business growth. Business confidence and hiring indices slumped.
The Eurozone: Portfolio outflows have worsened at the end of 2018. Will we see a reversal this year?
Equities: Here is the percentage of the S&P 500 stocks that are above the 50-day moving average.
Credit: Here are the retail fund flows showing the divergence between bonds and leveraged loans.
Global Developments: The G7 GDP volatility continues to trend lower.
Food for Thought: The number of realtors as a percentage of the pre-recession peak:
Edited by Joseph Cohen
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Thanks to Josh Marte (@joshdigga), Matt Garrett (@MattGarrett3), Joseph Cohen (@josephncohen), Ycharts.com, S&P Global, and Moody’s Investors Service for helping with the research for the Daily Shot.
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