The United States: The majority of fund managers expect the next recession to begin in the second half of next year or the first half of 2020.
China: China’s new home price increases have accelerated (see chart). Existing home prices are lagging.
Global Developments: Which nations have the worst restrictions on services provided by foreign companies?
Equity Markets: Earnings are highly correlated to the ISM index.
Emerging Markets: Here is the history of EM crises by region and crisis type.
Food for Thought: Who is “extremely proud” to be American?
Edited by Joseph Cohen
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Thanks to Josh Marte (@joshdigga), Matt Garrett (@MattGarrett3), Joseph Cohen (@josephncohen), Ycharts.com, S&P Global, and Moody’s Investors Service for helping with the research for the Daily Shot.
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