Greetings,
The United States: Tighter credit conditions typically precede labor market weakness.
Equities: The Russell 2000 has been much more volatile than the S&P 500 recently.
The Eurozone: The Bund curve hasn’t been this inverted in decades.
China: The PBoC is getting more aggressive in steering the renminbi higher, but for now, it’s not working.
Emerging Markets: Asian currencies have been moving lower.
Commodities: US grains are reversing the recent surge. Here is Bloomberg’s grain index:
Food for Thought: Here is a snapshot of recent air quality in the US:
Edited by William Villacis
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
If you would like to subscribe to the full-length Daily Shot (see example), please register here.
Subscribe to the Daily ShotAverage hourly wages for US teens: Brief
