The Daily Shot Brief – August 8th, 2018



The United States: The rising “quit” rate (voluntary resignations) points to higher wage growth ahead.

Source: Capital Economics


China: While modest (relative to 2015/16), capital outflows continue.

Source: Pantheon Macroeconomics


Cryptocurrency: Here is Bitcoin’s market cap vs. global funds’ AUM.

Source: UBS, @MattGarrett3


Equity Markets: Investors continue to ignore the massive economic impact of looming US-China trade war escalation.

Source: Oxford Economics


Emerging MarketsIran’s economy is expected to be in recession next year.


Source:, h/t Paul Menestrier; Read full article


Global Developments:  The latest Oxford Economics survey finds rising concerns about trade war impacting global growth.

Source: Oxford Economics

More investors now see downside risks to the economy.

Source: Oxford Economics


Food for Thought: NATO defense spending by country:

Source: Fitch Solutions



Edited by Joseph Cohen

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