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Energy: Historically, the WTI Crude Oil price recoveries have aligned with troughs in US leading economic indicators (LEIs), especially after recessions. However, the latest bounce in oil prices has stalled as momentum behind LEIs waned.
The United States: Refi applications tumbled.
Emerging Markets: Foreign investors have been pulling out of India’s equity market, partially rotating back into China.
Equities: Here is a look at equity valuations across US and international markets.
Credit: Chapter 11 filings continue to climb.
Europe: French government spending stands out compared to its EU peers.
Poland’s budget deficit has surged this year following increased government spending on defense and efforts to address last month’s historic flooding crisis.
Food for Thought: Data centers’ share of total power consumption:
Edited by William Villacis
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