Greetings,
United States: The Citi Economic Surprise Index continues to deteriorate.
Eurozone: Inflation surprised to the upside, hitting the highest level in a decade.
ECB’s Knot made some hawkish comments in response to rising inflation. Will taper come sooner than expected?
Energy: European natural gas prices have gone parabolic as Russia pumps less gas to Europe.
US gas prices are also surging.
Equities: Top five names now represent 22.8% of the S&P 500.
Global Developments: Here is a look at asset class returns in August.
Food for Thought: Airpods revenue in perspective:
Edited by Daniel Moskovits
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