The Daily Shot Brief – September 18th, 2018

Greetings,   The United States: Younger Americans are much more nervous about buying a home than the older generations. This divergence is a recent phenomenon.   The United Kingdom: After years of declines, mortgage rates are expected to start climbing next year.   China: The World Economics’ SMI points to further deterioration in China’s manufacturing …

The Daily Shot Brief – September 17th, 2018

Greetings,   The United States: Will the yield curve inversion boost the odds of a recession? Below is the latest survey result from the WSJ.   The United Kingdom: A “hard Brexit” economic shock could devastate the UK’s property market.   China: China’s P2P lending activity continues to slow.   The Eurozone: Wage indicators across the Eurozone are …

The Daily Shot Brief – September 14th, 2018

Greetings,   The United States: Relative to other countries, US housing valuations do not appear to be stretched.   The United Kingdom: The nation’s housing market momentum is slowing again.   China: Here is Goldman’s China current activity indicator.   The Eurozone: The ECB downgraded its forecast (slightly) for the GDP growth and inflation. The central …

The Daily Shot Brief – September 13th, 2018

Greetings,   The United States: US imports of consumer electronics from China have accelerated over the past couple of years.   The United Kingdom: Goldman’s Eurozone GDP tracker fell sharply in response to the industrial production report.   The Eurozone: Goldman’s Eurozone GDP tracker fell sharply in response to the industrial production report.   Equity …

The Daily Shot Brief – September 7th, 2018

Greetings,   The United States: US consumers, especially those with higher incomes, are increasingly concerned about tariffs.   China: China’s export growth appears to be overstated based on trade data reported by the nation’s trading partners.   The Eurozone: Sweden’s central bank (Riksbank) pushed out its forecast for rate increases – again. It also downgraded …

The Daily Shot Brief – September 5th, 2018

Greetings,   The United States: Manufacturing reports continue to show rapid inventory build. The Daily Feather: – Major restocking tends to coincide with the economy emerging from a recession, making the current inventory build unusual – in a bad way. Fear is driving companies to overbuild inventories. Transportation bottlenecks and worries over future higher-priced input …