Greetings,
The United States: Credit Suisse sees the core PCE inflation (the Fed’s primary benchmark) approaching 2% this year but not quite getting there.
Equity Markets: US stock funds (combined mutual funds and ETFs) continue to see persistent outflows.
February was a rough month, with both passive and active products losing capital.
Here is the breakdown by strategy.
Emerging Markets: After last year’s contraction, Colombia’s manufacturing sector is finally stabilizing.
The Eurozone: The EU, especially the Eurozone, has more to lose from a trade war than the US.
Energy Markets: Here are some statistics on US gross crude oil exports.
Cryptocurrencies: The bankruptcy trustee of the failed Mt. Gox exchange is unloading significant amounts of cryptocurrencies to pay creditors.
Food for Thought: Some states don’t produce enough nursing graduates (which is pressuring hospitals).
Edited by Joseph N 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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