The United States: The labor differential (“jobs plentiful” – “jobs hard to get”) once again points to a tight labor market.
Next, The Richmond Fed’s manufacturing index showed severe deterioration in the region’s business activity.
Europe: The contraction in Poland’s factory activity is slowing.
The United Kingdom: Brexit uncertainty has been less of a concern for businesses.
China: The official manufacturing PMI showed a massive factory activity surge in February.
Equities: Stocks still look overvalued. Here is the distribution of P/E ratios for the S&P 500.
Commodities: Here is the February performance across key commodity markets.
Food for Thought: Gender pay and labor force participation gaps globally:
Edited by Josh Oldmixon
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