Greetings,
The United States: Mortgage applications dipped below 2015 levels, down about 18% from a year ago.
The Eurozone: The euro briefly dipped below parity but rebounded.
Italian politics are spooking debt markets again.
China: The economy contracted more than expected last quarter.
On the bright side, the rebound in retail sales was larger than expected.
Commodities: Industrial commodities continue to face headwinds. Here’s a look at Bloomberg’s industrial metals index.
Equities: According to the PPI report, corporate margin growth is off the highs but is not crashing.
Food for Thought: Here’s a look at attempts to bring down inflation in the 1970s.
Lastly, let’s take a look at some fascinating body maps of human emotions. Increased sensations are red/yellow and decreased sensations are blue.
Edited by Alexander Bowers
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
