Greetings,
The United States: The gap between the proportions of items experiencing price increases and decreases has significantly narrowed.
Europe: Sweden’s GDP unexpectedly declined last quarter, resulting in a technical recession.
Emerging Markets: Economists see a sharp decline in Argentina’s consumer spending this year.
Commodities: Speculative accounts are now bearish on cotton and rice.
Equities: The rotation from mega-cap stocks to smaller-capitalization shares continues.
Credit: Leveraged loan funds continue to see strong inflows.
Food for Thought: Top medal winners in the Summer Olympics by medals per GDP and per population:
Edited by Josh Oldmixon
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