Greetings,
The United States: The divergence between “soft” and “hard” consumption indicators persists.
China: Housing inventories are expected to climb next year.
The Eurozone: Low oil prices sent market-based inflation expectations sharply lower.
Global Developments: What does growth in the world’s monetary base tell us about the timing of the next recession?
Equities: This chart shows investment restrictions on institutions (such as pension funds).
Emerging Markets: There are no signs of Brazil’s inflation accelerating (for now).
Food for Thought: How 15-year-old students score on science, reading, and math by country:
Edited by Joseph 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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