The Daily Shot Brief – February 8th, 2018

Greetings,     The United States: Will the stock market jitters impact household consumption?   China: Beijing is imposing record fines on the nation’s banks.   Equity Markets: Historical volatility jumped this week, which means that VAR models will be penalizing equity exposure more than they have recently. Will this impact demand for stocks?   The Eurozone: Despite …

The Daily Shot Brief – February 7th, 2018

Greetings,     The United States: 2018 could be a record year for US companies’ overseas mergers and acquisitions.   China: China’s pension shortfall has been rising.     Equity Markets: The number of Bloomberg stories mentioning “healthy correction” hits a record high.   Rates: Analysts expect higher Treasury issuance across the curve over the next …

The Daily Shot Brief – February 2nd, 2018

Greetings,     The United States: In the near-term, the Atlanta Fed’s GDPNow model is projecting 5.4% for Q1. Right.   The Eurozone: The Eurozone manufacturing activity remains near multi-year highs. Price pressures are picking up (which is giving the euro a boost). Is the ECB paying attention?   Equity Markets: Sales growth at restaurants continues …

The Daily Shot Brief – January 31st, 2018

Greetings,     The United States: Will incomes rise sufficiently to justify the brisk consumer spending? Will it happen before higher interest rates make consumer debt much more expensive? Separately, consumer spending on pleasure boats, aircraft, and other recreational vehicles is rising at the fastest pace since 2005. Is it the wealth effect?   The …