The Daily Shot Brief – October 26th, 2017

Greetings,   The United States: There is still a great deal of speculation about who will be Trump’s pick for the next Fed chair. John Taylor’s odds have risen significantly in the betting markets. This recent interview with John Taylor (just takes a few minutes) suggests that he will advocate for a higher natural rate. And that would …

The Daily Shot Brief – October 18th, 2017

Greetings,   The United States: US consumers still have not recovered from the 2008 economic shock. Discretionary service spending is improving much slower than during the previous cycles.   The Eurozone: Analysts continue to suggest that the euro is overvalued.   China: China’s rising budget deficit (including state-owned enterprises) points to increased fiscal stimulus in recent …