The Daily Shot Brief – April 2nd, 2018

Greetings,

 

 

The United States: The US working-age population growth is expected to contract further in the next few years. As a result, some suggest that even a 2% GDP growth will be challenging without significant improvements in productivity.

Source: John Burns Real Estate Consulting

 

Emerging Markets: A quote from Turkey’s Recep Tayyip Erdogan showing incredible ignorance:

The interest rate is both the mother and the father of the inflation. Those who don’t know this, they should. Anyone attempting to act against this would find me facing them.

This is not going to end well for Turkey.

 

Credit: Leveraged companies will be refinancing at significantly higher rates over the next few years.

Source: @IIF

 

Energy Markets: US refinery inputs remain above the 5-year range.

Source: Princeton Energy Advisors

 

Europe: The EU is struggling with low birth rates, which will be a significant drag on economic growth.

Source: @BW; Read full article

 

China: Traders are betting on a further strengthening in the renminbi over the next 12 months.

Source: Bloomberg

Capital Economics, however, expects the nation’s currency to weaken.

Source: Capital Economics

 

Cryptocurrency: Here is the Google search frequency for “crypto is dead.”

Source: @vexmark

 

Global Developments: Global trade volumes are still rising.

Source: Capital Economics

 


Food for Thought: Opioid prescription rates are down in most of the country.

Source: @axios; Read full article

 

Edited by Joseph N Cohen


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