Greetings,
The United States: This chart shows the homeownership and vacancy rates by region. Rental vacancies in the western part of the US are still declining.
Credit: European sub-investment-grade debt yields rose sharply from record lows.
Japan: Foreigners have been buying Japanese stocks.
Equity Markets: The debt ceiling is coming up again in January, but the risks are all but ignored in the market. As a reminder, here is what happened in 2011.
Energy Markets: Oil producers have been rapidly hedging output at higher oil prices. This chart shows swap dealers’ oil futures exposure. Dealers buy oil via swaps from producers and cover their exposure in the futures market.
Global Developments: Where are the various central banks in the monetary policy cycle?
Food for Thought: Is the US respected by other countries?
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.
We would also like to thank the Federal Reserve Bank of St. Louis for the incredible job they have done providing data and graphics to the public. Here is the credit and legal notice related to all FRED charts: FRED® Graphs ©Federal Reserve Bank of St. Louis. All rights reserved. All FRED® Graphs appear courtesy of Federal Reserve Bank of St. Louis. http://research.stlouisfed.org/fred2/
Contact the Daily Shot Editor: Editor@DailyShotLetter.com
