Greetings,
United States: Just as we saw in the Conference Board’s index, the updated September U. Michigan consumer sentiment report showed substantial improvements.
United Kingdom: The UK’s economy has underperformed due to weak household spending.
But retail sales have now fully recovered from the pandemic-induced slump, pointing to a rebound in economic growth.
Eurozone: The Eurozone is in deflation again, as the core CPI plummets. It’s an issue for the ECB.
Energy: The US rig count increased for the second week in a row.
Equities: Based on CAPEs, US shares are extremely overvalued vs. the rest of the world..
Which sectors are most sensitive to tax increases?
Food For Thought: Retirement savings:
Edited by Daniel Moskovits
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