Greetings,
The United States: US financial conditions have tightened with the rise in trade tensions with China.
The Eurozone: The French government budget target looks very different from last year’s projections.
Equities: US equity ETF outflows continue.
China: China buys parts (such as semiconductors) from Taiwan and South Korea and sells the finished product to the US.
Global Developments: This chart shows equity fund flows by region.
Food for Thought: The Medicare Trust Fund balance:
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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