Greetings, United States: The rebound in retail sales has been impressive, but economists are concerned about the overall consumption growth. The charts below show high-frequency spending data Eurozone: The Q2 GDP contraction was unprecedented in recent history. Pantheon Macroeconomics and other economists expect a much slower recovery than the ECB’s estimates. Commodities: Speculative …
The Daily Shot Brief – August 14th, 2020
Dear Friends, The full-length Daily Shot® is now an independent ad-free publication (see TheDailyShot.com). Here is a sample newsletter. Daily Shot Brief subscribers are eligible to receive the full-length Daily Shot for $115/year (a $20 discount). To subscribe, please register here and use the coupon number DSB329075 (please click the “apply” button for the discount …
The Daily Shot Brief – August 13th, 2020
Dear Friends, The full-length Daily Shot® is now an independent ad-free publication (see TheDailyShot.com). Here is a sample newsletter. Daily Shot Brief subscribers are eligible to receive the full-length Daily Shot for $115/year (a $20 discount). To subscribe, please register here and use the coupon number DSB329075 (please click the “apply” button for the discount …
The Daily Shot Brief – August 12th, 2020
Dear Friends, The full-length Daily Shot® is now an independent ad-free publication (see TheDailyShot.com). Here is a sample newsletter. Daily Shot Brief subscribers are eligible to receive the full-length Daily Shot for $115/year (a $20 discount). To subscribe, please register here and use the coupon number DSB329075 (please click the “apply” button for the discount …
The Daily Shot Brief – August 11th, 2020
Dear Friends, The full-length Daily Shot® is now an independent ad-free publication (see TheDailyShot.com). Here is a sample newsletter. Daily Shot Brief subscribers are eligible to receive the full-length Daily Shot for $115/year (a $20 discount). To subscribe, please register here and use the coupon number DSB329075 (please click the “apply” button for the discount …
The Daily Shot Brief – August 10th, 2020
Dear Friends, The full-length Daily Shot® is now an independent ad-free publication (see TheDailyShot.com). Here is a sample newsletter. Daily Shot Brief subscribers are eligible to receive the full-length Daily Shot for $115/year (a $20 discount). To subscribe, please register here and use the coupon number DSB329075 (please click the “apply” button for the discount …
The Daily Shot Brief – August 7th, 2020
Dear Friends, The full-length Daily Shot® is now an independent ad-free publication (see TheDailyShot.com). Here is a sample newsletter. Daily Shot Brief subscribers are eligible to receive the full-length Daily Shot for $115/year (a $20 discount). To subscribe, please register here and use the coupon number DSB329075 (please click the “apply” button for the discount …
The Daily Shot Brief – August 6th, 2020
Greetings, United States: The ADP private payrolls report surprised to the downside. Economists expected to see 1.2 million jobs created in July, but we got 167k. Here is the breakdown by sector. United Kingdom: The market continues to price in the possibility of negative rates in the UK. Energy: US demand for gasoline …
The Daily Shot Brief – August 5th, 2020
Greetings, United States: Credit card delinquencies have been relatively low in recent months. Credit/debit card spending has been flat since mid-June and remains more than 10% below last year’s levels. China: China was the world’s third-largest source of foreign investment during the 2016-19 period, according to ANZ. Emerging Markets: Turkey’s funding markets …
The Daily Shot Brief – August 4th, 2020
Greetings, United States: Trucking loads have rebounded sharply but appear to be moderating. School and daycare closings will create a substantial drag on the nation’s GDP growth. Eurozone: Spain’s second wave appears to be less deadly. China: Americans increasingly have an unfavorable view of China. Emerging Markets: Argentina’s demand for the …