Francisco Simon, chief economist at Altafid, will present in 5 minutes what has happened in the markets, the economy and latest news.
These are the key points:
- No major changes in the S&P 500, but good week for small caps and Europe. Plus, the VIX was down 2.5%.
- U.S. economy remains strong, but the yield curve is now more inverted.
- U.S. credit card debt stands at its highest level, ever closer to the $1tn mark.
View the report (PDF file)