The Daily Shot 7/8/16: Global Macro Currents Jul8

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Greetings, We begin with several updates on the United States. 1. The ADP private payrolls report beat consensus, suggesting that the 175k nonfarm payrolls number expected on Friday is realistic. However, June ADP report also showed the first decline in private construction jobs since 2010. Moreover, the “goods-producing” sector payrolls have declined sharply. Related to the chart

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The Daily Shot 6/17/16: Global Macro Currents Jun17

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Greetings,   First, a quick administrative note. When possible/appropriate, we provide a link to further reading on the subject. Sources (listed below each chart) that are underlined represent links. Also, we often show the Twitter handle for references, which is a unique identifier that makes it easier for readers to learn more about each source.

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