United States: Consumers increasingly see housing as too expensive, and fewer households are comfortable with the current mortgage rates.
Nonetheless, demand remains robust.
United Kingdom: This chart shows the UK’s most valuable unicorns.
China: Shadow financing has fallen since the 2017 peak as a result of Beijing’s crackdown on leverage.
Emerging Markets: Investors have been buying up Colombia’s local currency debt.
The nation’s economic activity deteriorated in May.
Alternatives: US multi-family buyer demand has been driven by private equity, …
… but returns haven’t been so great.
Food for Thought: Chances of getting a college degree by income group:
Edited by Richard Holmes
Contact the Daily Shot Editor: Editor@DailyShotLetter.com