Greetings,
United States: The declines in initial jobless claims have stalled.
The labor market recovery may take years.
United Kingdom: Unemployment claims declined in June.
Remarkably, the unemployment rate is holding below 4%.
Europe: Here are the Q2 GDP estimates by country.
Equities: Here is the ratio of Nasdaq 100 to Russell 2000.
Credit: USD investment-grade bond yields keep hitting new lows, with the Bloomberg/Barclays index dipping below 2% for the first time. It’s an opportunity for companies to lock in record-low financing costs.
Food For Thought: US advertising spending:
Edited by Daniel Moskovits
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