The Daily Shot Brief – August 27th, 2020



United States: According to JP Morgan, credit/debit card spending hasn’t been significantly impacted by the loss of unemployment benefits.

Source: JP Morgan, @carlquintanilla

However, the situation could change if there is no additional stimulus after the White House program ($300/week) expires.

Source: Oxford Economics


Japan: According to Barclays Research, Japan’s households “face a slide in disposable income due to the fading effect of fiscal support (cash handouts, for instance, represented 2.3% of GDP) as well as falling wages.”

Source: Barclays Research


China: Growth in industrial profits has accelerated.

Source: The Daily Shot


Equities: The outperformance of the Nasdaq Composite has been remarkable.

Source: The Daily Shot

US shares continue to widen their gap vs. global peers.

Source: The Daily Shot


Credit: Large firms have been dominating corporate debt issuance this year.

Source: @markets Read full article


Food For Thought: Companies with the largest market value in 2005 and 2020:

Source: Statista

Edited by Daniel Moskovits

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