The Daily Shot Brief – August 7th, 2018



The United States: What were the drivers of the Commerce Department’s massive adjustment to the savings rate? A substantial part of it appears to be underreported asset income, which would suggest that the upward correction in savings is skewed toward wealthier Americans.

Source: Goldman Sachs


China: Slower growth is showing up in softer producer price increases.

Source: Pantheon Macroeconomics


Cryptocurrency: This chart shows the value of Bitcoin transactions as a percent of the US GDP.

Source: UBS, @MattGarrett3


Equity Markets: Retail investors remain cautious after February’s market correction.

Source: TD Ameritrade


Emerging Markets: Elevated real rates in EM nations should give central banks room to ease if the economy slows.

Source: PIMCO


Food for Thought: Student debt as a percentage of annual income (by wealth category):

Source: @business, @bopinion; Read full article



Edited by Joseph Cohen

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

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