The United States: Signs point to improvements in US wages. More public companies are talking about wage pressures in their earnings calls.
Also, the Conference Board Income Expectations Index suggests that wage growth will accelerate.
The United Kingdom: Ireland is particularly interested in getting a deal done with the UK. Trade between the two countries is extensive.
Credit: Here is an updated chart of M&A multiples and leverage. All is well.
Equity Markets: Here is this year’s risk/return scatter-plot for different asset classes.
Bitcoin: What is the probability of a crash in Bitcoin?
Emerging Markets: Brazil’s consumer sentiment continues to improve.
China: Here is an updated chart of China’s total debt growth.
Food for Thought: Natural disasters.
Edited by Joseph N Cohen
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Thanks to Josh Marte (@joshdigga), Matt Garrett (@MattGarrett3), Joseph Cohen (@josephncohen), Ycharts.com, S&P Global, and Moody’s Investors Service for helping with the research for the Daily Shot.
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