Greetings,
The United States: Consumer credit tumbled in August as borrowers paid down some of their student debt.
The United Kingdom: Traders turned bearish on the pound last week.
Energy: Oil futures jumped in response to escalating violence in the Middle East.
Credit: Oil & Gas companies accounted for 19% of the overall high-yield new issue supply this year.
China: EV exports are booming, but so are exports of cars with internal combustion engines.
Canada: The probability of a BoC rate hike this month jumped after the wage growth surprise.
Emerging Markets: Chile’s core inflation is easing rapidly.
Food for Thought: Annual home ownership cost as a percent of median income:
Edited by William Villacis
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
Subscribe to the Daily ShotAverage hourly wages for US teens: Brief