Greetings, Equities: The S&P 500 hit a record high after China’s central bank cut reserve requirements, which will release a substantial amount of liquidity into the financial system (see #3 here). As discussed previously, technical indicators signal that the market is overbought. Credit: Here is S&P’s credit upgrades-to-downgrades ratio. Europe: Will we see …
The Daily Shot Brief – January 2nd, 2020
Greetings, The United States: Online search activity for mortgage loans/refinancing is off the highs (the index peaked in August) but remains elevated. Next, we have the US banking system vulnerability metrics, which have all been ticking higher over the past year. Here is how each index is defined, according to the Federal Reserve …
The Daily Shot Brief – January 1st, 2020
Greetings, Business: Job cuts at banks: Technology: Electric vehicles: Economic Trends: The number of labor strike days per 1,000 employees: Geopolitical Trends: Defense spending: Health: Healthcare spending per person: Happy New Year! Most popular new year’s resolutions (2 charts): Edited by Daniel Moskovits To receive the Daily Shot Premium, you …
