Greetings,
United States: Manufacturers’ backlogs remain massive, suggesting that factories will keep busy in the months ahead.
The divergence between orders and output indicates that manufacturers haven’t been able to keep up.
Eurozone: As the TLTRO program ends, the ECB may exempt more excess reserves from the negative deposit rate.
China: Here are the components of China’s GDP.
Is Beijing overstating the GDP growth? Below is the Capital Economics China Activity Proxy.
Emerging Markets: Which countries had the highest inflation surprises?
Credit: US firms are starting to borrow again.
Food for Thought: Global nuclear power production:
Edited by Devon Lall
Contact the Daily Shot Editor: Editor@DailyShotLetter.com
If you would like to subscribe to the full-length Daily Shot (see example), please register here.
