Greetings,
The United States: Here is the CPI trajectory for each business cycle since 1879.
The Eurozone: According to Natixis, “banks have hardly sold assets (bonds) to the ECB, and therefore, most of the ECB’s [net] asset purchases have been from non-bank economic agents, which fuelled money creation.”
Energy: Oil supply/demand balance will tighten in the months to come. Geopolitical tensions will also provide support for oil prices (see story).
Global Developments: Will slower economic growth pull down corporate earnings?
Food for Thought: Most valuable brands:
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Edited by Joseph N Cohen
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Thanks to Josh Marte (@joshdigga), Matt Garrett (@MattGarrett3), Joseph Cohen (@josephncohen), Ycharts.com, S&P Global, and Moody’s Investors Service for helping with the research for the Daily Shot.
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