The Daily Shot Brief – November 15th, 2017

Greetings,

 

The United States: The Atlanta Fed’s GDPNow model forecast for Q4 GDP growth is 3.2%.

Source: @AtlantaFed; Read full article

This time it’s consistent with the NY Fed’s Nowcast model.

Source: NY Fed

Economists are forecasting 2.7%.

Source: Bloomberg

 

China: The PBoC is pumping more liquidity into the financial system. Beijing may see the latest spike in bond yields as being somewhat overdone.

Source: @markets, Cantor Fitzgerald Market Strategy Team

 

Credit: Many leveraged loans got repriced this year as the market is willing to get paid less for the same risk.

Source: @lcdnews; Read full article

 

Equity Markets: Despite the market selling off some, the “buy on dip” sentiment persists.

Source: @BloombergCA; Read full article

 

Energy Markets: There is some disagreement on how much demand exists for OPEC’s crude oil.

Source: @BloombergBriefs, @TheTerminal

 

Global Developments: This chart shows the increases in private credit around the world.

Source: Moody’s Investors Service

 


Food for Thought: Top 10 companies now, 50 years ago, and a century ago.

Source: @jsblokland

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

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