Greetings,
United States: Forecasters are increasingly convinced that the next government stimulus package won’t be implemented until next year.
And here’s Moody’s Analytics employment projections under various election outcomes:
Eurozone: The euro remains vulnerable to a potential unwind of massive short-dollar bets.
Emerging Markets: Despite the 200 bps rate hike, the Turkish lira’s selloff resumed as the currency hits new lows.
Equities: How does inflation impact share valuations?
This scatterplot shows sales growth vs. the core CPI.
Alternatives: The SPAC madness continues.
Food For Thought: Support for phasing out gasoline-powered cars in the US:
Edited by Daniel Moskovits
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