The United States: The chart below shows the Goldman Sachs Wage Tracker and the Wage Survey Leading Indicator. All signs point to higher pay for Americans in the months to come.
The Eurozone: This chart provides the consumer confidence trends in the Eurozone.
Energy: Crude oil markets are expected to be in deficit over the next few years.
Equity Markets: Shareholders are pressuring companies to be more environmentally “friendly.”
Global Developments: Female labor force expansion over the past decade has outpaced male participation.
Emerging Markets: China’s shipping stocks jumped on the US-China trade negotiations (supposed) progress.
Food for Thought: Will the Democrats take control of the House after the midterm elections?
Edited by Joseph 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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