The Daily Shot Brief – August 23rd, 2017

Greetings,

 

The United States: The FOMC officials have become less concerned about upside risks to inflation and growth as the fiscal stimulus legislation gets delayed.

Source: BMI Research

 

Credit: Most Federal Home Loan Banks have seen capitalization improvements over the past year.

Source: Moody’s Investors Service

 

Equity Markets: Inflows into the largest international equity ETFs have slowed.

 

Source: @ConnectedWealth, @josephncohen; Read full article

It’s increasingly difficult to find value opportunities around the world.

Source: Topdown Charts

 

China: A weaker trade-weighted renminbi is making China’s exports more competitive.

Source: Goldman Sachs, @joshdigga

 

The Eurozone: The spread between ZEW (Germany’s economic expectations index) and current conditions hit the lowest level since 2011. German businesses are happy with the current situation but increasingly uncertain about the future.

Source: @jsblokland

Much of that pessimism is coming from the auto industry.

Source: @HolgerSandte

 

Emerging Markets: The majority of EM central banks are in the process of easing policy.

Source: Capital Economics

 

Global Developments: This chart shows housing price increases for the three largest economies.

Source: Topdown Charts

 


Food for Thought: Best-paid actors and actresses.

 

Source: @Telegraph, @pdacosta; Read full article

Edited by Joseph N Cohen


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Thanks to Josh Marte (@joshdigga), Matt Garrett (@MattGarrett3), Joseph Cohen (@josephncohen), Ycharts.com, S&P Global, and Moody’s Investors Service for helping with the research for the Daily Shot.

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