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United States: Permanent layoffs have been relatively low.
But Americans are quite concerned about losing their job.
United Kingdom: The Eat Out to Help Out program has been highly beneficial for the UK’s restaurant businesses.
In addition, a majority of Scottish residents now support independence from the UK (mostly due to Brexit).
Asia-Pacific: Abenomics was helpful for Japan’s corporate earnings.
For the first time in almost two decades, Australia is officially in recession.
China: China’s dollar bond issuers have been bypassing US investors. Who needs all that regulation?
Also, state banks have been lending below the prime rate to support the economy.
Equities: Valuation matters most for long-term stock returns, according to BofA.
Food For Thought: Relocating:
Edited by Devon Lall
Contact the Daily Shot Editor: Editor@DailyShotLetter.com
Dear Friends,
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Lev Borodovsky
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