Greetings,
The United States: First, what could make the Fed “pivot” on rate hikes? (based on BofA’s survey of fund managers)
The United Kingdom: UK CPI has been outpacing other advanced economies.
The Eurozone: The Eurozone is facing stagflation just as the ECB ramps up rate hikes.
Credit: Investment-grade bond ratings shifted to net downgrades in August.
China: The surge in bond issuance and a trough in the credit impulse have driven infrastructure spending in China.
Energy: The US registered its largest oil release from the Strategic Petroleum Reserve last week.
Commodities: Grain prices are rebounding as US soy and corn inventories remain low for this time of the year.
Food for Thought: Lastly, here is the significance of nuclear energy in Ukraine:
Edited by William Villacis
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