Greetings,
United States: This month’s regional Fed manufacturing reports point to a peak in supply-chain bottlenecks. To be sure, the problem will plague US businesses for months to come, but this could be the beginning of the end.
United Kingdom: These charts illustrate the shift from self-employed and part-time work to full-time.
Europe: Battery manufacturing has been surging in the EU.
Emerging Markets: Russia’s central bank may get more aggressive in fighting inflation.
The World Economics SMI report for India shows a deepening recession.
Equities: Share buybacks could continue to rise after banks received the green light from the Fed upon passing their stress tests, according to Scotiabank.
Here is the composition of the S&P 500 buyback yield:
Food for Thought: Prime-time cable news show hosts:
Edited by Richard Holmes
Contact the Daily Shot Editor: Editor@DailyShotLetter.com
