The Daily Shot Brief – May 17th, 2019

Greetings,   The United States: Some economists remain concerned about slowing business investment, especially as trade-related risks resurface.   The Eurozone: Capital Economics sees the Italian government budget deteriorating sharply next year, boosting bond yields.   Equities: Buybacks continue to prop up the stock market.   China: Here is the structure of China’s economy. Global …

The Daily Shot Brief – May 9th, 2019

Greetings,   The United States: Economists are puzzled by the diverging gauges of the labor market (see descriptions).   The Eurozone: Does Germany’s stronger industrial production point to improved GDP growth?   Equities: The Q1 earnings growth expectations have rebounded into positive territory. However, the second-quarter EPS growth consensus has moved into the red (vs. …

The Daily Shot Brief – May 6th, 2019

Greetings,   The United States: The growth in US households’ interest payments has accelerated.   The Eurozone: Germany’s economic growth is expected to rebound.   Equities: With XIV gone, the total VIX ETF vega is positive.   China: Here are China’s Social Insurance Fund revenues and expenditures. Global Developments: Here are some charts from Morgan Stanley on some …

The Daily Shot Brief – May 3rd, 2019

Greetings,   The United States: Corporate cost-cutting has been pressuring self-employed and contract workers.   The Eurozone: Over the past couple of quarters, European exporters have been enjoying the euro’s weakness.   Equities: The market has been punishing companies missing earnings estimates (more than usual).   China: China’s trading partners show signs of improvement in …

The Daily Shot Brief – May 2nd, 2019

Greetings,   The United States:  Redfin’s housing index suggests that home price appreciation was negative for the first time since 2012. Will the widely-used Case-Shiller housing index follow?   Canada: Portfolio flows have rebounded this year.   Equities: While the proportion of companies with earnings beats climbed in this earnings season, that’s not the case with …