The United States: The risk of a recession in the near-term, while still relatively low, has risen in recent months.
• The NY Fed’s and the Cleveland Fed’s recession risk models:
The Eurozone: Did the Eurozone’s GDP growth stall this quarter?
Equities: US firms better show robust earnings in the coming quarters because there isn’t a great deal of room for multiple expansion.
Emerging Markets: The Mexican peso rebounded in response to the US-Mexico ‘deal’.
Food for Thought: Lunch with Warren Buffett:
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Edited by Joseph N Cohen
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