The United States: The Citi US Economic Surprise Index has been pulled lower by housing and durable goods reports. Will the trend continue?
For now, things are looking up for the second quarter GDP growth. Here is the median economic forecast from Bloomberg.
China: Investment activity remains robust.
The Eurozone: Italian consumer sentiment unexpectedly bounced (despite a period of heightened political uncertainty).
Equity Markets: The market sold off again on Wednesday as tech/semiconductor shares came under pressure (on rising trade policy risks).
Emerging Markets: Mexico’s inflation rate is declining, which is boosting real wages.
Food for Thought: The most valuable VC-backed company by state:
Edited by Joseph Cohen
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