Greetings,
The United States: Initial jobless claims fell back to last year’s levels following the prior week’s NYC-related distortion.
The United Kingdom: Corporate inflation expectations eased last month.
Asia-Pacific: Taiwan’s exports remained robust in April.
Cryptocurrency: Bitcoin has surged past $100k.
Equities: This chart illustrates cumulative flows into US equity funds since 2007, highlighting a dramatic surge of $1.3 trillion since 2020.
Rates: The percentage of indirect bidders (usually foreign institutions) at this week’s 30-year bond auction hit the lowest level in years.
Food for Thought: Most frequently chosen papal names in history:
Edited by Josh Oldmixon
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