The Daily Shot Brief – April 18th, 2018




The United States: Both soft- and hard-data US economic surprise indices have declined in recent months.

Source: @M_McDonough


Equity Markets:  Below we have the recent S&P 500 revenue revisions vs. the 5-year range (by sector).

Source: Credit Suisse


ChinaSlowing credit expansion is one of the reasons economists are forecasting a weaker GDP growth.

Source: Pantheon Macroeconomics


Energy Markets: US pipeline infrastructure is insufficient given the level of oil production.

Source: Scotiabank Economics


Emerging Markets: Venezuela’s oil output is tumbling.

Source: @CrowleyKev, @lkassai; Read full article


Eurozone: The ECB continues to buy corporate bonds. Can it exit the program without disrupting Europe’s credit markets?

Source: Pantheon Macroeconomics


Canada: Canada’s output gap has been closed.

Source: Bloomberg


Credit: Investors remain concerned about corporate balance sheets.

Source: BofAML, @Callum_Thomas


Food for Thought: Which party should control Congress and why?

Source:, h/t Paul Menestrier; Read full article



Edited by Joseph N Cohen

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Thanks to Josh Marte (@joshdigga), Matt Garrett (@MattGarrett3), Joseph Cohen (@josephncohen),, S&P Global, and Moody’s Investors Service for helping with the research for the Daily Shot.

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