The United States: According to the NFIB’s small business survey, the US labor force participation rate should improve going forward.
Global Developments: How have the stock markets around the world reacted to negative and positive trade war news?
China: These are the sources of revenue for China’s government.
The Eurozone: Despite the market jitters, the SPDR S&P 500 ETF put/call ratio has been relatively low.
Equities: While bank shares tend to trade with the slope of the yield curve, there doesn’t seem to be a direct relationship between the 10yr-2yr Treasury spread and net interest margins.
Credit: These two charts show longer-term trends in leveraged loan issuance.
Emerging Markets: Foreign investors have been dumping EM Asia debt.
Food for Thought: The world economy visualized:
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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