The Daily Shot Brief – April 30th, 2021



United States: The first-quarter GDP report was roughly in line with expectations.

 The economy has almost recovered.

Source: @axios Read full article


 Higher consumer spending (mostly on goods) drove much of the gains last quarter

Source: @WSJ Read full article


Eurozone: Germany’s unemployment unexpectedly increased.

Source: Daily Shot


Europe: Next, we have some data on EU exports to China.

Source: @adam_tooze, @financialtimes Read full article


China: We are getting some contradicting PMI data this month.

 The Markit manufacturing PMI report showed faster growth (above forecasts). That’s consistent with the World Economics SMI trend

Source: IHS Markit


 However, the official PMI report showed slower growth.

Source: Daily Shot


Emerging Markets: India’s interest expenses are putting a heavy burden on the government’s finances.

Source: Alpine Macro


Food For Thought: Most-watched TV news interviews:

Source: @axios Read full article

Edited by Devon Lall

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