Greetings,
The United States: While the ADP index is not well correlated to the official nonfarm payrolls (Establishment Survey) on a monthly basis, the trends tend to converge over time.
Canada: The trade balance unexpectedly swung into deficit amid lower commodity prices.
Asia-Pacific: South Korea’s goods trade balance is back in surplus.
Emerging Markets: EM equities typically outperform after US recessions.
Energy: Shares of uranium producers are under pressure.
Equities: International shares continue to underperform the S&P 500.
Food for Thought: US college enrollment rates:
Edited by Josh Oldmixon
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