The Daily Shot Brief – March 27th, 2019

Greetings,   The United States: Outbound container volume points to stronger US exports at the beginning of the year.   The Eurozone: China’s imports from Italy and France have diverged.   Equities: Google search activity points to increased concerns about a recession among retail investors.   China: Leading indicators point to further deterioration in China’s …

The Daily Shot Brief – March 26th, 2019

Greetings,   The United States: Investors increasingly expect higher US unemployment a year from now.   The Eurozone: China’s economic rebound should stabilize the Eurozone’s growth.   Equities: This chart compares the tech sector with global stocks across different metrics.   China: These charts show the growth in China’s bond markets.   Global Developments: Speculative accounts …

The Daily Shot Brief – March 22nd, 2019

Greetings,   The United States: Next, we have the World Economics SMI for March. This index measures business activity at the national level. It shows confidence rebounding, but caution around hiring persists.   The Eurozone: Spain’s trade deficit is rising (partially due to strong domestic demand).   Equities: The chart below shows US semiconductor manufacturers’ …

The Daily Shot Brief – March 20th, 2019

Greetings,   The United States: The HPS-CS sentiment index shows households becoming concerned about personal finances.   The Eurozone: While the Eurozone’s GDP growth has been underperforming, the GDP per head (working-age population) has kept pace with the US.   Equities: US equities have significantly outperformed global stocks in recent years (in part because of higher tech …

The Daily Shot Brief – March 19th, 2019

Greetings,   The United States: Tax refunds continue to lag last year’s trend.   The Eurozone: Here are the drivers of the Eurozone’s slowdown in exports   Equities: This year’s rally was not accompanied by cyclicals’ outperformance.   China: China’s weakening demand weighs on Japan’s exports.   Global Developments: Airfreight activity in Europe and Asia is …

The Daily Shot Brief – March 15th, 2019

Greetings,   The United States: US hotel occupancy rates are showing some weakness recently.   The Eurozone: Non-performing loan percentages in the Eurozone periphery have been declining.   Equities: Margin debt as a percentage of the NYSE market cap is at the lowest level since 2014.   China: China’s prime-age population has peaked.   Food for Thought: Lebanon’s offshore exploration …