The Daily Shot Brief – January 14th, 2022

Greetings,       United States: US state and local tax receipts have been going to benefit payments rather than investment.   Asia-Pacific: Australia’s housing credit growth remains exceptionally strong.   Home prices continue to climb.   China: Country Garden is an investment-grade builder in China. Even some companies that are not excessively leveraged are …

The Daily Shot Brief – January 12th, 2022

Greetings,       United States: Some 1.7 million Americans were not at work due to illness in December.   Eurozone: High-frequency data point to downside risks for Germany’s consumer spending.   China: China needs stability in Kazakhstan.   Equities: How do higher yields and policy tightening impact different sectors?   Global Developments: The share …

The Daily Shot Brief – January 11th, 2022

Greetings,       Europe: The EU’s trade gap with China keeps widening.   Asia-Pacific: Telecommunications prices have been keeping the Tokyo core CPI in negative territory. But that’s likely to end soon.   China: Here we go again. Investors remain concerned about developers’ mountain of maturing debt.   Energy: Indonesia’s coal hoarding is creating …

The Daily Shot Brief – January 7th, 2022

Greetings,       Asia-Pacific: Omicron is pressuring Australia’s consumer spending.   China: Offshore and onshore defaults have continued to climb with higher pressure for both state-owned enterprises (SOEs) and privately-owned enterprises (POEs).   Additionally, foreign investors pulled capital out of mainland shares.   Cryptocurrency: Crypto crime is increasing, mostly via stolen funds in the …

The Daily Shot Brief – January 6th, 2022

Greetings,       United States: The FOMC minutes revealed an even more hawkish Federal Reserve than the markets were expecting. • Inflation concerns: Participants remarked that inflation readings had been higher and were more persistent and widespread than previously anticipated. Some participants noted that trimmed mean measures of inflation had reached decade-high levels and that the …