The Daily Shot Brief – April 23rd, 2019



The United States: The correlation between the US and global leading indicators declined recently but remains highly elevated.

Source: Arbor Research & Trading


The Eurozone: Germany’s housing market is booming again. The chart below shows housing valuations based on rents, income, and consumer prices.

Source: Commerzbank Research


Equities: Earnings growth expectations for Q1 have improved, but Q2 and Q3 forecasts are still trending lower.

Source: @LizAnnSonders, @biancoresearch


China: China’s rural banks are struggling with non-performing loans (NPL).

Source: IIF


Global Developments: How do different asset classes respond to a rally in crude oil?

Source: Jack Ablin, Cresset Wealth Advisors


Food for Thought: Government debt (as % of GDP) for the US and Germany:

Source: Deutsche Bank Research


Edited by Joseph 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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