Greetings,
The United States: The gap between houses sold and those under construction is narrowing.
Equities: The recent market action does not look like a bear-market rally.
Credit: Prime money market funds experience inflows during rate hike cycles, while government funds face outflows. However, in March of this year, government money market funds became a haven for depositors.
The Eurozone: Loan growth continues to slow in the Eurozone.
Commodities: Cocoa prices are surging due to concerns about future production amid tight inventories.
Global Developments: Retail sales have generally been weak in developed markets outside of the US over the past year.
Food for Thought: Here is tipping in the US – Americans vs. foreigners:
Edited by William Villacis
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
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