The Daily Shot Brief – December 19th, 2017

Greetings,

 

The United States: Rental costs are putting a squeeze on lower-income American households.

Source: @MarketWatch; Read full article

 

China: The stock market continues to give up its recent gains.

Source: The Daily Shot

 

The Eurozone: Speculative bets on the euro rose to a record last week despite a higher short-term rate differential with the US.

Source: The Daily Shot

 

Credit: Which local governments in the US are struggling with pension contributions?

Source: Moody’s Investors Service

 

Emerging Markets: Pakistan’s government suggested that it’s done devaluing the rupee. Perhaps.

Source: The Daily Shot

 

Bitcoin: The cryptocurrency is gunning for $20k as it hit another record high over the weekend.

Source: Investing.com

 

Rates: Foreign holdings of USD-denominated fixed-rate product rose above trend earlier this year.

Source: FTN Financial

 


Food for Thought: Cities with the highest GDP by 2030.

Source: @wef; Read full article

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.

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