1. 00:00 Introduction »
2. 01:02
Economic Surprise Indexes have fallen for most of 2018; the biggest disappointment coming from Europe. »
3. 02:28
The Global PMI composite output measure has rebounded while the Global PMI for manufacturing activity is still declining. »
4. 02:54
One OECD Leading Economic Indicator for OECD economies and the 6 major NME's has turned higher; the other is stabilizing. »
5. 03:05
The OECD LEI for China has turned decisively higher this year after declining most of last year. »
6. 03:37
European GDP growth likely will stabilize somewhere slightly below 2% based on the trend in money growth. »
7. 03:58
Growth in the aggregate balance sheet of the world's major central banks is slowing but still positive. »
8. 04:17
The Fed Funds rate is already close to central bank's estimates of the "neutral" rate. It will be mindful of raising rates and shrinking the balance sheet from here forward. »
9. 04:54
China has ended the regulatory review which weighed on infrastructure spending. The focus has shifted to stabilizing the economy. »
10. 06:41
The Global PMI for manufacturing new export orders is beginning to bottom out. »
11. 08:09
Second quarter turbulence drove risk premiums in some EM fixed income markets to recession levels. »
12. 16:15
Appendix 1 � Important Disclosure Information »
