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Equities: Fund managers are still overweight in healthcare and cash/bonds.
Credit: The Fed’s Commercial Paper Funding Facility helped tighten short-term funding spreads.
Energy: Here are some scenarios for global oil demand through the end of next year.
China: Corporate deposits are starting to recover, while household deposits remain muted.
Also, investors have been getting out of China-dedicated equity funds.
United Kingdom: Consumer spending plummetted in April.
Food for Thought: Americans’ views on China:
In addition, US consumer purchasing decisions based on product origin:
Edited by Devon Lall
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