The Daily Shot Brief – August 1st, 2019



The United States: The recent improvements in economic indicators suggest that deeper rate cuts are unlikely.

Source: BCA Research


The Eurozone: Ireland is getting hit by the combination of Europe’s recent industrial weakness and the Brexit uncertainty.

Source: IHS Markit


China:  Hong Kong’s Q2 GDP growth was weaker than expected.

Source: The Daily Shot


Rates: Cutting rates as an “insurance” (when the implied central bank policy rate falls below a certain threshold) does not lower recession risks, according to a Goldman Sachs study.

Source: Goldman Sachs


Food for Thought: Post-debate betting market probabilities for Democratic candidates (cents = % nomination probability):

Source: @PredictIt

Edited by Joseph N Cohen


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