The United States: Some Fed officials have been concerned about commercial real estate prices, which have outpaced the GDP growth. With the decline in rates over the past year, however, property prices will continue to climb.
United Kingdom: The probability of Brexit by November 1st dipped to around 20% in the betting markets.
The Eurozone: Despite softer economic growth, credit conditions in the Eurozone remain remarkably stable.
Broad money supply (M3):
Emerging Market: Which EM economies are exposed to crude oil shocks?
Rates: Demand for the Fed’s repo financing remains robust, suggesting that a more permanent solution will be necessary. It will probably involve increasing bank reserves (via Treasury securities purchases) and a standby repo facility.
Food for Thought: Betting markets’ stats for the 2020 presidential elections:
Edited by Daniel Moskovits
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