Greetings,
United States: Regional Fed surveys suggest that the July ISM report will show an acceleration in factory activity at the national level.
China: Industrial capacity utilization rebounded sharply in the second quarter
For now, economic activity remains below last year’s levels.
Energy: The Brent curve is moving back into contango.
Equities: Here is the 50-day moving average of the put/call ratio index (showing increasing complacency).
Global Developments: Here’s a look at asset class performance year-to-date.
Food For Thought: College majors with the highest current unemployment rates:
Edited by Daniel Moskovits
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