Greetings,
The United States: First, employment and new orders are now a drag on the ISM PMI index. According to the report, US manufacturing growth slowed in June but held in positive territory.
Treasury yields declined sharply over the past couple of weeks as recession fears mount.
Canada: The corporate interest coverage ratio remains elevated, suggesting that the business sector can withstand an economic slowdown.
The Eurozone: The headline CPI at the Eurozone level hit a new high.
China: Service-sector business activity rebounded faster than expected last month.
Credit: US corporate bond spreads continue to widen.
Equities: Share buyback activity accelerated this year as equities plunged.
Food for Thought: Lastly, here are common reasons for not traveling this summer:
Edited by William Villacis
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
