The Daily Shot Brief – December 21st, 2017



The United States: 2017 was a bad year for the dollar. Will the US currency weakness drive up export growth?

Source: Capital Economics


China: Beijing is ramping up social media censorship.

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


Europe: The Norwegian krone hit a multi-year low despite higher oil prices (shown against the euro below).

Source: The Daily Shot


Credit: US leveraged loan issuance is officially at a record high in 2017.

Source: @gadfly; Read full article


Emerging Markets: Brazil’s sovereign credit default swap spread continues to tighten.

Source: @macrolca

Will excessive government spending derail the ongoing credit improvements?

Source: @macrolca


Bitcoin: This chart shows the cryptocurrencies with the highest market cap.

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


Rates: What happens to US economic indicators during a bond bear market?

Source: Paul Schmelzing, BOE, h/t Paul; Read full article


Equity Markets: This chart shows the flows into smart beta ETFs.

Source: Credit Suisse


Energy Markets: The net US crude oil imports are consistently below levels from the previous years (US crude exports remain elevated since Harvey).

Source: Princeton Energy Advisors


Food for Thought: Who is working during the Christmas week?

Source: Egnyte


On that note…we aren’t either. There will be no Daily Shot Brief from December 25th to January 1st.


Enjoy the holidays!

Edited by Joseph N Cohen

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