Greetings,
The United States: How tight is the labor market? Small businesses are hiring fewer workers than they have been planning.
Will US labor force participation improve further as wages rise?
Equity Markets: US equity mutual funds have experienced redemptions each month over the past year.
China: China has accelerated its spending on domestic security.
The Eurozone: Some economists predict that the euro will strengthen this year because the pace of the QE slowdown in the Eurozone is faster than the Fed’s balance sheet reduction.
Commodities: After the initial rebound, the widely expected acceleration in Iran’s oil production has not materialized.
Cryptocurrencies: Cryptocurrencies were down sharply on Thursday evening in New York, with Bitcoin dipping below $9k again on rising regulatory pressures. PayPal’s CEO said that cryptocurrency regulations “need to be sorted out” and Bitcoin is “an experiment” with no clear direction. Below we have Bitcoin.
Food for Thought: How much time do people spend eating and drinking (by country)?
Have a great weekend!
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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