Greetings,
The United States: The massive US underinvestment in infrastructure continues.
Equity Markets: The chart below shows the S&P 500 “sectoral dominance” over the past two decades.
China: Luxury goods sales in China keep climbing.
Energy Markets: This chart shows US oil production by state.
Canada: Canada’s residential mortgage growth has slowed recently.
Cryptocurrency: Analysts keep comparing Bitcoin to some of the most significant asset bubbles in history.
Japan: Despite the tight immigration policy, Japan is increasingly forced to hire foreign workers.
Food for Thought: Missiles fired on Syria this weekend.
By the way, here is who currently controls Syria.
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.
We would also like to thank the Federal Reserve Bank of St. Louis for the incredible job they have done providing data and graphics to the public. Here is the credit and legal notice related to all FRED charts: FRED® Graphs ©Federal Reserve Bank of St. Louis. All rights reserved. All FRED® Graphs appear courtesy of Federal Reserve Bank of St. Louis. http://research.stlouisfed.org/fred2/
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