The Daily Shot Brief – April 17th, 2020



United States: Bloomberg’s consumer comfort indicator points to further deterioration in sentiment. But the levels remain well above the 2008 lows.

Source: The Daily Shot

Part of the reason is that household balance sheets were much healthier going into this downturn than what we saw before the financial crisis.

Source: BCA Research


Eurozone: Euro-area firms depend much more on banks for credit than their US counterparts (there is more reliance on bonds and syndicated loans in the US).

Source: @WSJ; Read full article


China: China recorded its first negative GDP quarter since reporting began in 1992.

Source: @WSJ; Read full article

Below is the year-over-year GDP growth.

Source: The Daily Shot


Energy: US crude oil broke the $20 support, trading below $19 for the first time since early 2002.



Credit: The US speculative-grade default rate could end the year at 13.4% and edge higher to 14.4% by the end of March 2021, according to Moody’s.

Source: Moody’s Investors Service


Food for Thought: Online meeting platforms:

Source: @JDPower, @Zoom_us

Edited by Daniel Moskovits

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