Greetings,
The United States: Shipping activity in the US remains well above the levels we saw in previous years, pointing to robust economic growth.
China: Here is a breakdown of China’s May industrial production. Too much Bitcoin mining going on?
Rates: This chart shows the holders of Treasuries (across maturities).
Equity Markets: The S&P 500 has diverged from investment-grade spreads.
Emerging Markets: Here is Oxford Economics’ GDP forecast change after the truckers’ strike in Brazil.
Global Developments: This chart shows inflation forecasts for the US, the UK, Japan, and the Eurozone.
Food for Thought: What are the most frequently searched types of plastic surgery by state?
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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