Greetings,
The United States: The latest growth indicators don’t look promising. The Oxford Economics GDP forecast:
The Eurozone: Property prices in the Eurozone have been climbing in recent years. Will the trend continue?
Equities: Is credit telling us that stocks should be lower? This chart compares the S&P 500 with the ratio of JNK (high-yield ETF) to IEF (7-10yr Treasury ETF).
Emerging Markets: Foreign investors have been exiting EM equities in May.
Global Developments: Volatility has been absent amid heightened economic uncertainty.
Food for Thought: Female employment rates:
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Edited by Joseph N 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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