Greetings,
The United States: We should see a strong bounce in the ISM manufacturing index which comes out later today. Here is a comparison of the May regional Fed surveys (weighted average) with the ISM index.
The Eurozone: Does the Fed-ECB balance sheet differential point to a bounce in the euro?
Rates: Here is an updated bond yield forecast from Capital Economics.
Equity Markets: This chart shows which US sectors are exposed to international vs. domestic revenue.
Food for Thought: Most quoted Shakespeare plays.
Have a great weekend!
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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