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 26th, 2018

Greetings,     The United States: Economists continue to predict an acceleration in US wages.   The Eurozone: German business climate keeps improving. However, there is a widening gap between the current conditions and business expectations. The second set of charts below shows the sector breakdown.   Equity Markets: Analysts continue to raise concerns about …

The Daily Shot Brief – January 25th, 2018

Greetings,     The United States: The January Markit PMI report on US business activity shows some divergence between manufacturing and services.   The Eurozone: There are signs of higher inflation down the road. • The price component of the PMI report: • The PMI “delivery times” index:   Equity Markets: Pension funds keep reallocating out of …