Greetings,
China: Analysts remain concerned about China’s rising nonperforming loans (NPLs).
The chart below shows that rural banks have the highest non-performing loan (NPL) ratio. And NPLs for city-based banks increased substantially over the past two years.
Eurozone: According to UBS, only a handful of European countries (Germany, Netherlands, Finland) will have a low enough debt as a percentage of GDP to support fiscal stimulus packages.
United States: The Bloomberg US Consumer Comfort Index is at the highest level in two decades.
Equities: Here is the S&P 500 earnings-per-share trajectory and shifting expectations.
Rates: Retail money market fund balances are approaching the recession-era highs.
Food for Thought: The number of executions in the US:
Edited by Daniel Moskovits
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