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
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