The United States: US economic sentiment continues to point to higher GDP growth as the soft-hard economic data divergence persists.
This chart shows the share of US imports by country. Japan’s share decline started after the Plaza Accord.
The Eurozone: The overall macro risk indicators for the Eurozone are still near pre-crisis levels (for now).
Energy: The front end of the Brent curve went into contango (positively sloping) – a bearish sign. The second chart shows the spread between the August and the July futures.
Finally, here are some updates renewable energy:
Both residential and non-residential solar power output is set to climb in the years to come.
Rising electric storage capacity will make solar and wind facilities increasingly more versatile.
Equity Markets: US profit margins are at record highs.
Credit: Smaller US banks are seeing a jump in credit card charge-off rates.
Rates: Demand for CDs rose for the first time since 2008 as rates climb.
Food for Thought: US voting “blocks” (groups of states that always vote the same way).
Edited by Paul Menestrier
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