United States: At this point, over 40% of the population has seen reopening halted or reversed (2 charts).
China: The June Markit Manufacturing PMI report topped economists’ expectations. Factories are now firmly in growth mode.
Energy: US energy CapEx is rebounding, according to Morgan Stanley.
Credit: This chart shows US corporate bond returns by rating
Equities: This is the largest gap between the top and bottom S&P 500 valuation quintiles since the dot-com bubble.
Food For Thought: Slower reopening in some states:
Edited by Daniel Moskovits
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