Greetings,
The United States: Without the appropriate policy adjustments, the federal budget deficit could worsen dramatically over the next couple of decades.
China: The PBoC has stabilized the renminbi (for now).
Cryptocurrency: This chart shows the relative market capitalization of the largest cryptocurrencies.
Equity Markets: Outflows from mutual funds have accelerated this year.
Emerging Markets: Given the rising risks of a global slowdown, are EM corporate spreads too tight?
Global Developments: Here are the yearly changes in house prices around the world.
Which housing markets are most vulnerable?
Food for Thought: US wage growth by race, gender, and education:
Edited by Joseph 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.
We would also like to thank the Federal Reserve Bank of St. Louis for the incredible job they have done providing data and graphics to the public. Here is the credit and legal notice related to all FRED charts: FRED® Graphs ©Federal Reserve Bank of St. Louis. All rights reserved. All FRED® Graphs appear courtesy of Federal Reserve Bank of St. Louis. http://research.stlouisfed.org/fred2/
Contact the Daily Shot Editor: Editor@DailyShotLetter.com
