The Daily Shot Brief – January 29th, 2018

Greetings,

 

 

The United States: Will the strength in consumer spending persist going forward? While economists expect consumption to remain strong this year (helped in part by the new tax bill), it’s hard to see the US consumer staying this enthusiastic for too long. That’s because the savings rate as a percentage of disposable income is at a decade low.

Source: Capital Economics

 

The Eurozone: Some argue that the rise in the Eurozone’s “supercore” CPI, which excludes the cost of package holidays, should be enough for the ECB to remove some of the stimulus.

Source: Variant Perception; Read full article

 

Equity Markets: This chart shows the P/E ratio with and without the ‘extraordinary items’ (XO) in the earnings reports.

Source: Cantor Fitzgerald Market Strategy Team

 

Credit: Is this an indication of a credit-to-equity rotation of just ‘idle’ capital flowing into the stock market?

Source: BofAML

 

Rates: The market-based probability of 4 (or more) Fed rate hikes this year hit 20%.

Source: The Daily Shot

 

Energy Markets: Where will the new demand for energy come from in the decades to come?

Source: @wef, @IEA, @IEABirol; Read full article

 


Food for Thought: Superbowl statistics.

Source: @StatistaCharts; Read full article

 

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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