The United States: Economists continue to predict an acceleration in US wages.
The Eurozone: German business climate keeps improving. However, there is a widening gap between the current conditions and business expectations. The second set of charts below shows the sector breakdown.
Equity Markets: Analysts continue to raise concerns about valuations.
Credit: The percentage of “underwater” automobile loans keeps climbing.
Emerging Markets: International EM investors have fallen in love with Vietnam.
• Non-resident portfolio flows:
Cryptocurrencies: Is Bitcoin ready for a breakout?
Global Developments: Which currencies have the highest/lowest beta to the S&P 500?
Food for Thought: Most binge-watched TV shows of 2017 by state.
Have a great weekend!
Edited by Joseph N 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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