Greetings,
The United States: Small business sentiment has deteriorated.
China: Below is the breakdown of fiscal revenues and expenditures.
The Eurozone: The average retail deposit rate ticked higher for the first time in seven years.
Equities: Sector funds saw substantial outflows over the past three months.
Credit: This chart shows the shift in credit ratings distribution since 2007. The dropoff after BBB- is due to the boundary between investment-grade and high-yield.
Global Developments: Industrial production momentum is expected to remain soft.
Food for Thought: Immigration and the labor force:
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.
We would also like to thank the Federal Reserve Bank of St. Louis for the incredible job they have done providing data and graphics to the public. Here is the credit and legal notice related to all FRED charts: FRED® Graphs ©Federal Reserve Bank of St. Louis. All rights reserved. All FRED® Graphs appear courtesy of Federal Reserve Bank of St. Louis. http://research.stlouisfed.org/fred2/
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