The Daily Shot Brief – December 11th, 2017

Greetings,   The United States: The University of Michigan consumer sentiment was below consensus but remains elevated. Americans are extremely positive about their current situation but are less enthusiastic about the future. This chart shows the spread between the U. Michigan indices of current conditions and economic expectations.   Rates: This chart shows that the …

The Daily Shot Brief – December 1st, 2017

Greetings,   The United States: Millennials are buying homes later in life, but they are starting to embrace homeownership. However, tight housing supplies and declining affordability could slow this trend.   The Eurozone: Despite rapidly improving economic conditions, Eurosceptic parties in Italy are gaining momentum.   Rates: The last three rate hikes were fully priced …

The Daily Shot Brief – November 29th, 2017

Greetings,   The United States: Signs point to improvements in US wages. More public companies are talking about wage pressures in their earnings calls. Also, the Conference Board Income Expectations Index suggests that wage growth will accelerate.   The United Kingdom: Ireland is particularly interested in getting a deal done with the UK. Trade between …