Greetings,
The United States: Based on market pricing, the monetary policy is already fairly restrictive.
The Eurozone: The Eurozone PPI is in negative territory on a year-over-year basis.
China: China’s stocks have underperformed global peers. Here are tech stocks:
Emerging Markets: India’s services growth remains robust.
Equities: The S&P 500 traded around the low end of its average pre-recession range. Performance typically flattens 6-12 months before a recession begins.
Global Developments: The surge in trade as a share of global GDP has plateaued since the financial crisis.
Food for Thought: Here is the number of transistors per microprocessor:
Edited by William Villacis
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
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