The Daily Shot Brief – April 23rd, 2018




The United States: Economists are convinced that the Fed’s preferred inflation measure, the core PCE, will reach the 2% target this year and move beyond that level over the next couple of years.

Source: Goldman Sachs, @Schuldensuehner


Equity Markets: The US market typically trades sideways ahead of the mid-term elections.

Source: @bySamRo


The United Kingdom: According to the latest forecast, the UK’s real wages will not hit the previous peak until 2025.

Source: @economics; Read full article


Energy Markets: Venezuela’s oil production cuts have exceeded those of Saudi Arabia. Except in Venezuela’s case, there is nothing “voluntary” about these reductions.

Source: @gadfly; Read full article


Emerging Markets: The recent decline in the ruble is likely to boost inflation. Russia’s central bank’s rate cuts are probably on hold for now.

Source: @economics; Read full article


Eurozone: Will the ECB end it’s QE program by the end of the year?

Source: @markets; Read full article


Rates: Oil prices have been driving inflation expectations higher.

Source: @Insider_FX, Bloomberg


Credit: Leveraged loan issuance has been dominated by lower-rated debt in recent years.

Source: Morgan Stanley, @DriehausCapital


Cryptocurrency: The search frequency for “Bitcoin” continues to collapse.

Source: @topdowncharts; Read full article


Food for Thought: The number of wars European nations have been involved in since WW2.

Source: @Amazing_Maps



Edited by Joseph N Cohen

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