The United States: State and local government employment as a share of the total US workforce is at the lowest level in decades.
The Eurozone: This chart shows employment growth for France, Germany, and Italy vs. the rest of the Eurozone.
Credit: Let’s start with the amount outstanding of leveraged loans and high-yield bonds.
Global Developments: Central banks are succumbing to political pressure.
Food for Thought: Damage caused by toddlers:
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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