Greetings,
The United States: Initial jobless claims show no signs of increasing layoffs, suggesting companies are in a holding pattern-hiring less but not resorting to layoffs either.
The Eurozone: The Spain/France 10-year yield spread turned negative for the first time since 2007 (2 charts).
China: Stocks continue to surge.
Cryptocurrency: Traditional assets have experienced higher-than-usual volatility compared to Bitcoin over the past year.
Equities: The S&P 500 hit its 42nd record high of 2024 and is now up almost 34% year-over-year.
Rates: Treasury funds are seeing outflows.
Food for Thought: Countries with the highest median wealth per capita:
Edited by Josh Oldmixon
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