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.
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