The United States: The January manufacturing report from the NY Fed (Empire Manufacturing) showed some hopeful signs.
The Empire State index improvement bodes well for manufacturing activity at the national level (ISM).
The United Kingdom: The market-based probability of a BoE rate cut this month climbed further in response to the CPI report
China: The Bloomberg Li Keqiang Index rose in November, driven largely by an improvement in electricity output.
Equities: This table shows equity market responses to major geopolitical events since WWII.
Global Developments: In 2019, world trade growth was negative for the first time in a decade.
Food for Thought: CEO pay and CEO-to-median-worker ratio:
Edited by Devon Lall
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