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 …

The Daily Shot Brief – May 3rd, 2018

Greetings,     The United States: Here is an updated “recession dashboard” from Credit Suisse.   Equity Markets: April saw meaningful inflows into US large-cap funds.   Commodities: Electric car production will significantly boost demand for copper, nickel, lithium, and cobalt.   Credit: Leveraged loan balances are approaching that of high-yield bonds. The last time …