The Daily Shot Brief – December 14th, 2017

Greetings,

 

The United States: With the US labor markets tightening (see chart), Economists continue to debate the reasons for the flat Phillips curve.

Source: Capital Economics
Source: Moody’s Investors Service

 

Rates: Will the tax law negatively impact the repo market?

Source: WSJ.com; Read full article

 

The Eurozone: A “handful” of economists see an ECB rate hike next year.

Source: Bloomberg.com; Read full article

 

Credit: Here is the Moody’s bond covenant quality index. This will come back to haunt investors in the next downturn.

Source: Moody’s Investors Service

 

Emerging Markets: This chart shows Brazil’s inflation trends and forecasts.

Source: @macrolca

 

Energy Markets: Here is the crude oil inventory in terms of days of supply.

Source: Princeton Energy Advisors

 

Bitcoin: Here is the Google search frequency for “FOMO” (fear of missing out).

Source: Peter Atwater, Financial Insyghts

 


Food for Thought: European cities’ exposure to climate change.

Source: Moody’s Investors Service

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.

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

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