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Equities: The Dow and the Nasdaq 100 dipped below the 200-day moving average.
The selloff in small caps continued. Here is the 10-year relative performance.
Rates: Treasury yield increases were been driven by real rates this month.
Commodities: Fund managers are very long commodities.
China: Economists continue to downgrade their forecasts for China’s growth this year.
Global Developments: Commodity currencies tend to follow China’s demand for imports.
Food for Thought: Skills that companies are focused on developing:
Edited by Daniel Moskovits
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