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The United States: Ten million Americans are employed by the federal government or government contractors.
The United Kingdom: Companies continue to boost their expectations for growth in output prices.
China: The valuation gap between Mainland and Hong Kong equities is still wide relative to global equities.
Cryptocurrency: Altcoins have been vulnerable to greater price swings given their lower liquidity versus BTC.
Equities: The percentage of S&P 500 stocks trading above their 200-day moving average fell below 50% for the first time since 2023.
Rates: JP Morgan’s clients are bullish on Treasuries.
Food for Thought: Generational shifts in gross income share through 2040:
Edited by Josh Oldmixon
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