Around the World

(1) Trump’s monkey wrench. (2) Commodities holding their regained ground. (3) Fed’s gradual normalization and Trump’s protectionism lift dollar. (4) Higher US interest rates and stronger US dollar is a bad cocktail mix for some emerging economies. (5) Our international capital flows indicator could soon be signaling outflows from the rest of the world to the US if dollar remains strong. (6) Global M-PMI is down from recent peak, but still solid. (7) Some signs of weakness in global exports. Blame Trump? (8) Forward revenues for major MSCI global stock composites showing strength, not weakness. (9) Stay Home may trump Go Global as long as Trump goes rogue on protectionism.