Greetings,
The United States: Import prices continue to ease due to the US dollar strength and disinflationary trends in China.
Canada: Existing home sales are down for seven months in a row.
The United Kingdom: The government’s actions appear to be increasingly desperate.
The drawdown in long-term gilts has been spectacular.
Europe: The trade deficit is hitting unprecedented levels.
China: Hong Kong stocks haven’t been this cheap in over a decade.
Equities: Options volume has been surging this year.
Food for Thought: Lastly, here’s a look at union membership and income inequality.
Edited by Alexander Bowers
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