The Daily Shot Brief – November 25th, 2019

Greetings,

 

The United States: The U. Michigan consumer sentiment index is recovering from the August slump.

Source: The Daily Shot

Gallup’s economic confidence index also shows improvement.

Source: Gallup; Read full article

 

The Eurozone: The Markit PMI report showed potential signs of stabilization in the Eurozone’s factory sector. However, service-sector growth continues to slow.

Source: @WSJ; Read full article

 

China: According to Gavekal, Chinese cities have limited their sales of land ahead of pending changes to rules which could make low-cost land available in the future. As a result, supply was restricted this year, causing developers to bid up prices for land.

Source: Gavekal

 

Credit: According to Goldman, owning “quality” in US credit and equity markets has rarely been this expensive.

Source: Goldman Sachs

 

Global Developments: Oxford Economics expects the slowdown in global growth to continue next year.

Source: Oxford Economics

 

Food for Thought:  Estimated wealth of the world’s 100 richest people:

Source: @business; Read full article

Edited by Daniel Moskovits

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