Greetings,
Canada: The first-quarter GDP growth report surprised to the downside, sending bond yields lower.
![](https://thedailyshot.com/wp-content/uploads/CA-2y2406030550.png)
![](https://thedailyshot.com/wp-content/uploads/CA-GDP-ST2406030550.png)
The United States: Real consumer spending unexpectedly fell in April, indicating a slowdown in US economic activity.
![](https://thedailyshot.com/wp-content/uploads/US-Pers-Spending2406030550.png)
China: The PMI report from S&P Global indicates that China’s manufacturing expansion is accelerating.
![](https://thedailyshot.com/wp-content/uploads/CH-PMI2406030550.png)
Emerging Markets: The Mexican peso took a hit following the election outcome.
![](https://thedailyshot.com/wp-content/uploads/EM-MXN2406030550.png)
![](https://thedailyshot.com/wp-content/uploads/EM-MXN-ST2406030550.png)
India’s annual GDP growth surprised to the upside.
![](https://thedailyshot.com/wp-content/uploads/EM-IN-GDP32406030550.png)
![](https://thedailyshot.com/wp-content/uploads/EM-IN-GDP-ST2406030550.png)
Credit: The leveraged loan distress ratio and default rate have eased over the past year.
![](https://thedailyshot.com/wp-content/uploads/CR-LL-Distress2406030550.png)
Food for Thought: Nvidia’s income statement:
![](https://thedailyshot.com/wp-content/uploads/VTB-AAA-Nvidia-income-statement2406030550.png)
Edited by William Villacis
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
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