Greetings,
The United States: Falling grocery prices may help ease inflation expectations in the months ahead.
Buying conditions for homes are near multi-year lows.
The Eurozone: Greek economic activity is rebounding.
Emerging Markets: The lira continues to hit new lows despite the government’s pre-election interventions.
Equities: The current US profit recession is expected to be the longest since 2016.
Rates: Treasury futures positioning gap between asset managers and hedge funds is at a multi-year high.
Food for Thought: SVB’s deposits over time:
Edited by Josh Oldmixon
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