Greetings,
The United States: First, more sellers in the housing market are cutting their listing prices.
Canada: The headline CPI in Canada topped 8%, but the print was softer than expected.
The Eurozone: Italian stocks and bonds took a hit after prime minister Mario Draghi resigned. This renewed political uncertainty will likely exacerbate the already slowing economy.
China: China’s developer credit crisis continues to worsen.
The stock market rebound has stalled.
Emerging Markets: EM dollar-denominated bond spreads have widened significantly.
Energy: European natural gas prices are lower as Russia resumes Nord Stream gas flows.
Food for Thought: Lastly, here are the ten largest employers in the S&P 500:
Edited by William Villacis
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
