Greetings,
The United States: US labor force growth has stalled.
The United Kingdom: The pound remains under pressure.
Emerging Markets: Argentina’s factory output continues to rebound.
Cryptocurrency: It has been a tough week for cryptos so far, with DeFi tokens underperforming.
Equities: Bank stocks continue to underperform the S&P 500 since the SVB collapse.
Rates: USD-denominated money market fund assets are nearing $7 trillion.
Food for Thought: OpenAI’s valuation:
Edited by Josh Oldmixon
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