Daily Archives: June 7, 2024

Macro Briefing: 7 June 2024

* The number of zombie companies (debt-laden firms) in the world has surged
* The US debt problem may be less threatening than it appears
* China exports rise sharply in May amid increasing trade tensions
* ECB cuts interest rates for first time since 2019
* US jobless claims edged higher last week but remain low
* US trade deficit widened in April
* US 10-year Treasury yield stabilizes after 5 days of sharp declines:

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