Greetings,
The United States: Corporate profits declined.
The Chicago Fed’s national activity index rebounded last month.
The United Kingdom: UK trade openness has been lagging.
The Eurozone: Germany’s revised Q1 GDP puts the country into technical recession.
Cryptocurrency: It has been a difficult month for cryptos, with bitcoin underperforming other main tokens.
Equities: Hedge funds have been boosting their exposure to tech mega-caps (based on GS prime brokerage data).
Food for Thought: Who intends to buy an EV?
Edited by Josh Oldmixon
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