Greetings,
The United States: All signs point to a retreat in consumption in the months ahead.
-
- Shrinking excess savings:
-
- The resumption of student loan payments:
The Eurozone: The final services PMI report for August was even worse than the flash figure.
Japan: Households cut back on spending as inflation takes a toll.
Emerging Markets: EM debt funds keep seeing outflows.
Commodities: Rice futures keep climbing.
Equities: Analysts continue to upgrade earnings estimates.
Food for Thought: Debt-to-income ratios:
Edited by Josh Oldmixon
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
If you would like to subscribe to the full-length Daily Shot (see example), please register here.
Subscribe to the Daily ShotAverage hourly wages for US teens: Brief
