The United States: A survey from the NY Fed shows economists downgrading their forecasts for the core PCE inflation.
The Eurozone: This chart shows the Eurozone’s consumption vs. the working-age population growth.
Equities: US equity fund outflows persist.
China: The nation’s savings rate stands out vs. economies with similar per-capita income.
Energy: Global oil demand appears to have slowed.
Food for Thought: Personal income tax as a share of total tax revenues:
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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