The United States: Redfin’s housing index suggests that home price appreciation was negative for the first time since 2012. Will the widely-used Case-Shiller housing index follow?
Canada: Portfolio flows have rebounded this year.
Equities: While the proportion of companies with earnings beats climbed in this earnings season, that’s not the case with sales.
China: The fiscal deficit will increase this year.
However, relative to the GDP, this year’s stimulus is not as meaningful as what we’ve seen over the past decade.
Global Developments: How did different asset classes perform in April?
Food for Thought: The cost of disaster events:
Edited by Joseph Cohen
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