Greetings,
The United States: The revised inflation expectations data from the University of Michigan highlight consumers’ concerns about inflation resurgence.
The United Kingdom: The CBI report showed deteriorating industrial goods demand.
Asia-Pacific: After last year’s plateau, South Korea’s household debt is reaching record highs.
Commodities: Gold is trading above $2,000, widening its divergence with US real yields (chart shows inverted 10-year TIPS yield).
Energy: Brent crude is back below $70/bbl.
Equities: Goldman’s sentiment indicator:
Food for Thought: Ultra-processed foods:
Edited by Josh Oldmixon
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