The United States: The number of Americans receiving food stamps (about 40 million) is drifting lower but is still well above the pre-recession levels
China: China’s trade surplus with the US is growing, but it’s contracting with the rest of the world.
Global Developments: Speculative accounts continue to bet on the dollar.
Equity Markets: Insider selling at Facebook has accelerated recently.
Emerging Markets: Mexico’s inflation rate is no longer declining, with the latest increase driven by energy prices.
Food for Thought: Opioid use vs. labor force participation by state:
Edited by Joseph Cohen
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