The Daily Shot Brief – December 19th, 2018

Greetings,   The United States: Credit Suisse expects two rate hikes in 2019.   Cryptocurrency: Token offerings and ICO funds raised continue to decline.   The Eurozone: The Eurozone’s headline CPI is expected to slow sharply in the months to come (due to oil prices), while the core inflation should keep grinding higher (with wages).   Credit: Who …

The Daily Shot Brief – December 18th, 2018

Greetings,   The United States: Household income increases have been relatively broad over the past few years.   China: China’s stocks look cheap relative to global shares.   The Eurozone: Is Germany facing a recession?   Credit: Investors remain concerned about lower leveraged loan recoveries going forward.   Emerging Markets: Mexico’s monetary policy is the tightest …

The Daily Shot Brief – December 10th, 2018

Greetings,   The United States: The overall consumer debt (as % of disposable income) has declined in recent years even as the total household net worth rose. This divergence suggests that, on average, US household balance sheets remain relatively healthy. Of course, these trends have been highly uneven across income categories.   China: China’s manufacturing wage …

The Daily Shot Brief – December 5th, 2018

Greetings,   The United States: Goldman’s US Current Activity Indicator has been moving lower since September.   China: Some economists predict a further slowdown in China’s manufacturing sector (before stabilization).   The Eurozone: Credit demand in the Eurozone has been slowing and is expected to become a drag on loan growth.   Credit: Baa-rated corporate …

The Daily Shot Brief – November 28th, 2018

Greetings,   The United States: The Q3 GDP update was unchanged at 3.5%. Here are the latest adjustments of the GDP components.   China: These charts show the components of China’s consumer credit and debt-service burden.   The Eurozone: Italian banks have a relatively small liquidity position, making them more vulnerable.   Global Developments: The …