Greetings,
The United States: In the housing market, sentiment among homebuilders is on the rise.
![](https://thedailyshot.com/wp-content/uploads/US-NAHB2403190445.png)
![](https://thedailyshot.com/wp-content/uploads/US-NAHB-ST2403190445.png)
Wage inflation tends to drive labor productivity.
![](https://thedailyshot.com/wp-content/uploads/US-Wage-inflation-tends-to-drive-labor-productivity2403190445.png)
The Eurozone: Fund managers have been increasing their allocations to Eurozone equities.
![](https://thedailyshot.com/wp-content/uploads/EZ-FMS2403190445.png)
Japan: The BoJ finally exited its negative-rate policy and abandoned yield curve control.
![](https://thedailyshot.com/wp-content/uploads/JP-BoJ2403190445.png)
![](https://thedailyshot.com/wp-content/uploads/JP-BoJ-ST2403190445.png)
Equities: The S&P 500 price has been outpacing valuations (forward P/E ratio).
![](https://thedailyshot.com/wp-content/uploads/EQ-SPX-Price-v-PE2403190445.png)
Global Developments: Here is a look at equity markets’ beta to global manufacturing activity.
![](https://thedailyshot.com/wp-content/uploads/GL-Here-is-a-look-at-equity-marketsQ-beta-to-global-manufacturing-activity2403190445.png)
Food for Thought: Share of global stock market capitalization by country over the past 50 years:
![](https://thedailyshot.com/wp-content/uploads/VTB-Share-of-global-market-capitalization-by-country2403190445.png)
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.