The Daily Shot Brief – July 31st, 2019

Greetings,   The United States: Economists remain concerned about a slowdown in business investment.   The Eurozone: Germany’s consumer inflation hit the lowest level since 2017.   China: The July official manufacturing PMI ticked higher but remained below 50.   Global Developments: This chart shows each central bank’s target rate in terms of the number of …

The Daily Shot Brief – July 30th, 2019

Greetings,   The United States:  Online searches related to industrial activity have been improving.   The Eurozone: German recession risks are not insignificant.   China: Here is Hong Kong’s opinion poll on the extradition bill.   Global Developments: Speculative accounts are now net short the dollar in the futures market.   Food for Thought: British views …

The Daily Shot Brief – July 26th, 2019

Greetings,   The United States: This chart shows the divergence between labor productivity and employment over the past couple of decades. The gap is probably due to the technological advancements since the late 1990s.   The United Kingdom: Borrowing by households continues to moderate.   China: China’s services sector is offsetting the weakness in manufacturing. …

The Daily Shot Brief – July 26th, 2019

Greetings,   The United States: Rental costs have far exceeded inflation in recent years The Eurozone: Mario Draghi disappointed the markets by not delivering a more immediate monetary ‘bazooka.’ The euro and bond yields rose in response.   Emerging Markets: Despite some scary headlines (see story), Ukraine’s currency (the hryvnia) continues to rally.   Global …

The Daily Shot Brief – July 22nd, 2019

Greetings,   The United States: The charts below show consumer loan application rates (the percentage of households applying for loans) and rejection rates.   The Eurozone: Germany’s stock market performance over the past fifteen years has been driven by dividends.   China: Below is an illustration of China’s tech sector manufacturing supply chain.   Global …