The Daily Shot Brief – August 19th, 2020


United States: This chart shows consumer debt changes in the first half of 2019 and 2020 (significant reductions in credit card debt).

Source: LendingTree


Europe: Job losses due to corporate restructuring have been substantial.

Source: ING


Also, the Swiss Franc remains negatively correlated with markets that signal risk-on, such as equities and yields/curve.

Source: Morgan Stanley Research


Energy: The US rig count is set to recover.

Source: @adam_tooze, @NordeaMarkets, @MacrobondF Read full article


Equities: Fund managers are increasingly convinced that we are in a bull market.



Is M&A activity rebounding?

Source: S&P Global Market Intelligence


Credit: Investors continue to demand LIBOR floors on new leveraged loans.

Source: @LPCLoans, @refinitiv


Food For Thought: Water stress globally:

Source: BlackRock

Edited by Devon Lall

Contact the Daily Shot Editor:


Leave a Reply