The Daily Shot Brief – April 20th, 2018




The United States: This study shows the impact of tariff increases on the economy.

Source: @stlouisfed; Read full article


Equity Markets: Is VIX being manipulated? Any index that relies on quotes rather than transactions is vulnerable.

Source: @markets; Read full article


China: China’s new unemployment index is nearly as useless as the previous one.

Source: @CapEconChina


Energy Markets: The Brent options skew shows an increasingly bullish bias.

Source: @alexlongley1, @markets; Read full article


Emerging Markets: Mexico’s GDP per capita has been nearly flat for years.

Source: @foxjust; Read full article


Eurozone: The Eurozone inflation rate has diverged from oil prices.

Source: @jsblokland


Rates: Large US domestic banks have been injecting dollar liquidity into their foreign offices. This trend certainly helps tighten the cross-currency swap basis.

Source: @macrodidact


Credit: The Moody’s B3 (and below) list of leveraged/stressed companies continues to shrink. The peak was in 2016 when the energy sector came under severe pressure from weak oil prices.

Source: Moody’s Investors Service


Cryptocurrency: Crypto funds are struggling.

Source: @crypto; Read full article


Food for Thought: Global greenhouse gas emissions by industry.

Source: Moody’s Investors Service



Have a great weekend!

Edited by Joseph N Cohen

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