The Daily Shot Brief – August 23rd, 2018



The United States: For now, there are no signs of acceleration in labor costs.

Source: Oxford Economics

Here is Goldman’s wage growth tracker.

Source: Goldman Sachs


China: The Capital Economics China GDP tracker is moving lower again.

Source: @CapEconChina


The Eurozone: The unemployment rate varies drastically across the Eurozone.

Source: Goldman Sachs


Equity Markets: Fund managers have become extremely overweight US equities.

Source: BofA Merrill Lynch Global Research


Global Developments: In the past, the gap between consumer confidence and spending closed relatively quickly.

Source: Capital Economics


Emerging Markets: EM commodity exporters could be in trouble.

Source: Capital Economics


Food for Thought: The betting market’s probability of President Trump getting impeached (many analysts think the market is overreacting):

Source: @PredictIt


The next Daily Shot Brief will be out on Monday (August 27th).

We will not be publishing the Daily Shot Brief on the following days:

• August 29th
• August 30th
• August 31st
• September 3rd

• On August 28th, we will have an abbreviated Daily Shot Brief focusing primarily on the Food for Thought section.


Have a great weekend!



Edited by Joseph Cohen

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