The United States: Below is the breakdown of the core CPI between goods and services. A weak US dollar is likely to ease the persistent goods deflation.
Global Developments: Below is a comparison of leading indicators for the largest economies.
Credit: This map shows the Moody’s general obligation (municipal debt) rating for each state.
Equity Markets: The S&P 500 index is increasingly dominated by tech shares.
Energy Markets: US coal exports are picking up again.
Emerging Markets: Improved growth and falling inflation (on average) across emerging markets continue to attract capital.
The Eurozone: Hedge funds don’t think the euro is overvalued and continue to increase their bets that the currency will climb further.
Japan: Fund managers have turned bullish on Japan’s stock market.
Food for Thought: US news coverage of disasters.
So how many deaths does it take to get the media’s attention?
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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