The Daily Shot Brief – May 10th, 2018

Greetings,     The United States: Despite higher interest rates, mortgage applications for house purchase remain at multi-year highs for this time of the year.   Equity Markets: The market’s response to companies beating earnings forecasts has been lackluster.   Cryptocurrency: This chart shows the year-to-date relative performance of some major cryptocurrencies. Ripple (blue) is …

The Daily Shot Brief – May 7th, 2018

Greetings,     The United States: With more household members employed and working longer hours, the overall household paycheck growth remains above 4% per year.   Equity Markets: Here are some updates on the current earnings season. • Earnings surprises:   Commodities: The rise in lumber prices has been impressive. Here is a 30-year chart.   Credit: Corporate debt …