The United States: The percentage of first-time homebuyers is on the rise.
Homebuilders have been putting out more “starter” new homes (in blue and red). But those increases haven’t been sufficient to accommodate the demand from first-time homebuyers.
China:Is the softening credit impulse telling us that China’s economy will weaken in the months to come?
Global Developments: Manufacturing activity across advanced economies hit the highest level since 2011.
The Eurozone: Here is the euro area’s gross government debt as well as a forecast (by country).
Emerging Markets: Here is the manufacturing PMI across emerging economies.
Equity Markets: According to TD Ameritrade, retail investors went into September with the most bullish sentiment in years. Institutional investors often view this level of retail exuberance as a significant red flag for the market.
Food for Thought: Here are some items on DACA.
Most common jobs:
Education currently pursuing (among those in school):
Edited by Joseph N Cohen
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