Greetings,
The United States: Analysts’ views on the US housing market have shifted to the downside. Is it too early to be concerned about the housing cycle coming to an end?
Equity Markets: The buyback basket has been outperforming, suggesting a spike in share buybacks this year.
Credit: The leveraged loan index interest coverage has been improving as corporate cash flow increases.
Emerging Markets: Below is a summary of EM debt changes over the past year.
And this chart shows debt upgrades and downgrades over time.
China: This chart shows the breakdown of China’s total debt.
Cryptocurrency: Has Bitcoin peaked?
Global Developments: This chart shows the total global debt levels over time.
Food for Thought: Facebook activity in the Senate.
Edited by Joseph N Cohen
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Thanks to Josh Marte (@joshdigga), Matt Garrett (@MattGarrett3), Joseph Cohen (@josephncohen), Ycharts.com, S&P Global, and Moody’s Investors Service for helping with the research for the Daily Shot.
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