Greetings,
The United States: When the Fed preemptively cut rates in the 1990s (as it is expected to do this year), the manufacturing sector was in much worse shape than it is now.
The Eurozone: The Eurozone’s consumer sentiment continues to soften.
Equities: Equity fund outflows are near record levels.
Credit: Leveraged loans have increasingly dominated LBO deals.
Food for Thought: Taxes evaded vs. the wealth percentile:
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Edited by Joseph N Cohen
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