Greetings,
The United States: According to IHS Markit, US business optimism continues to improve.
– Nonetheless, more economists now see downside risks to US growth.
Bitcoin:The major cryptocurrencies seem to have stabilized for now. Here is Bitcoin.
Equity Markets: US companies with higher exposure to China have outperformed. The market continues to ignore the risk of rising trade tensions with China.
Commodities: Massive forest fires in western Canada sent lumber futures sharply higher.
Emerging Markets: Here is a forecast for capital flows across emerging markets.
China: Government stimulus is slowing. Is the private sector picking up the slack?
The Eurozone: This chart shows debt funding requirements and the buyers of bonds for the largest Eurozone economies.
Global Developments: Which are the fastest growing economies in the world?
Food for Thought: Americans’ prediction for the future.
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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