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United States: The ISM Manufacturing PMI, a closely watched indicator of US factory activity, topped economists’ forecasts. The headline index saw the biggest monthly increase in June since 1980 as manufacturing returns to growth (PMI > 50).
Pandemic-related supplier bottlenecks are easing.
Eurozone: The Citi Economic Surprise Index continues to recover.
Energy: US crude oil production is no longer declining.
Equities: VIX remains elevated.
Trends in institutional vs. retail investor positioning have diverged.
Credit: US bankruptcies have accelerated.
Food For Thought: Top 10 advertisers on Facebook:
Edited by Daniel Moskovits
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