The Daily Shot Brief – August 30th, 2017

Greetings,

 

The United States: The US airline industry has been doing well recently. However, the Hurricane Harvey disaster has pushed jet fuel prices sharply higher amid shut refinery operations. Some suggest that airline ticket prices will soon rise as a result.

Source: Bloomberg

Turning to the corporate sector, this chart shows the time series analysis of quarterly earnings reports. Companies are striking an increasingly positive tone, are less focused on the White House agenda, are less worried about the economy, and are no longer concerned about a strong dollar.

Source: LPL Financial

 

Credit: An increasing percentage of new loans has leverage that’s greater than 5x.

Source: S&P Global Market Intelligence

 

Equity Markets: Market technicals don’t look great.

Source: Absolute Strategy Research

 

Bitcoin: Here is an interesting chart comparing several markets that had experienced frenzied buying at some point.

Source: @tracyalloway, @bespokeinvest

 

The Eurozone: The euro hit $1.20 for the first time since the start of 2015.

 

 

Emerging Markets: A couple of EM stock markets worth mentioning are Thailand and Tunisia. Both saw significant rallies recently.

 
 

 

Energy Markets: We now have higher prices showing up at the pump in the US

Source: GasBuddy.com

 


Food for Thought: Must-have apps for millennials.

Source: @WhatILearnedTW, @comScore, @businessinsider, @josephncohen

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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