The United States: Corporate cost-cutting has been pressuring self-employed and contract workers.
The Eurozone: Over the past couple of quarters, European exporters have been enjoying the euro’s weakness.
Equities: The market has been punishing companies missing earnings estimates (more than usual).
China: China’s trading partners show signs of improvement in their exports (see comment below).
Global Developments: For now, the advanced economies’ composite PMI (business activity) points to slower growth ahead.
Food for Thought: Casino revenues by game type:
Edited by Joseph N Cohen
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