The Daily Shot Brief – September 26th, 2018

Greetings,   The United States: Below is the Goldman Sachs Current Activity Indicator (CAI) heat map, which continues to show a divergence between “soft” and “hard” economic indicators. We see a similar trend in the Economic Momentum Indicator from Oxford Economics.   Global Developments: Global trade growth indicators continue to deteriorate.   China: Below is …

The Daily Shot Brief – September 25th, 2018

Greetings,   The United States: Worker strikes are on the rise.   Emerging Markets: Regulated items (in which the authorities rather than the market control price changes) have been pushing inflation higher in Mexico. The market-based CPI, however, has been moving lower. The overall core CPI remains within the central bank’s target range.   China: …

The Daily Shot Brief – September 18th, 2018

Greetings,   The United States: Younger Americans are much more nervous about buying a home than the older generations. This divergence is a recent phenomenon.   The United Kingdom: After years of declines, mortgage rates are expected to start climbing next year.   China: The World Economics’ SMI points to further deterioration in China’s manufacturing …

The Daily Shot Brief – September 17th, 2018

Greetings,   The United States: Will the yield curve inversion boost the odds of a recession? Below is the latest survey result from the WSJ.   The United Kingdom: A “hard Brexit” economic shock could devastate the UK’s property market.   China: China’s P2P lending activity continues to slow.   The Eurozone: Wage indicators across the Eurozone are …

The Daily Shot Brief – September 14th, 2018

Greetings,   The United States: Relative to other countries, US housing valuations do not appear to be stretched.   The United Kingdom: The nation’s housing market momentum is slowing again.   China: Here is Goldman’s China current activity indicator.   The Eurozone: The ECB downgraded its forecast (slightly) for the GDP growth and inflation. The central …

The Daily Shot Brief – September 13th, 2018

Greetings,   The United States: US imports of consumer electronics from China have accelerated over the past couple of years.   The United Kingdom: Goldman’s Eurozone GDP tracker fell sharply in response to the industrial production report.   The Eurozone: Goldman’s Eurozone GDP tracker fell sharply in response to the industrial production report.   Equity …