The United States: US economic growth is expected to remain subdued this year.
• The Conference Board Leading Indicator:
The Eurozone: Germany’s yield curve has flattened substantially. Here is the 10yr – 2yr Bund spread.
Equities: The rally in both bonds and stocks this year has been unusual.
China: The yuan’s strength has been a drag on China’s trade.
Rates: Here is a long-term chart of the US yield curve and financial crises.
Food for Thought: Terrorism-related fatalities in India and pakistan:
Edited by Joseph 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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