Greetings,
United States: There are signs of moderation in the US housing market.
Europe: European total factor productivity has lagged the US for nearly two decades.
Emerging Markets: Argentina’s markets cheered the ruling coalition’s election loss.
Cryptocurrency: Crypto markets were whipsawed on fake news on Monday.
Rates: There have been more QE purchases than Treasury issuance. The situation will reverse once the debt ceiling is lifted.
Food for Thought: US judicial nominations:
Edited by Daniel Moskovits
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