The Daily Shot Brief – November 5th, 2019

Greetings,   United States: The upcycle in hotel revenue per available room (RevPar) is nearing an end.   The Eurozone: Executives remain gloomy about exports.   China: The charts below compare household balance sheets for China and the US. – Assets:   – Debt:   – Savings:   Emerging Markets: South Africa dodged the Moody’s downgrade bullet – for now. …

The Daily Shot Brief – October 28th, 2019

Greetings,   United States: US consumers view the current environment as ideal for selling a house.   The Eurozone: Economists keep downgrading their euro-area 2020 growth forecasts.   China: The World Economics SMI indicators point to a rebound in business activity in October. Services:   Manufacturing:   Equities: Here is the put-call ratio for the …

The Daily Shot Brief – October 25th, 2019

Greetings,   United States: Morgan Stanley’s US recession probability model has turned lower in recent weeks.   Europe: With foreign capital flowing in, European markets have been remarkably forgiving of businesses that missed earnings expectations. Companies that missed saw (on average) an increase in their share price. And those firms that beat forecasts experienced massive rallies. These …

The Daily Shot Brief – October 24th, 2019

Greetings,   United States: According to the Federal Housing Finance Agency, home price appreciation has slowed this year. Nonetheless, home prices are still up 4.6% from the same time last year. And housing prices continue to outpace wages.   The Eurozone: According to Pantheon Macroeconomics, economic data are pointing to euro-area growth stalling.   Europe: …