Greetings,
China: Corporate bond defaults have become the new normal.
Asia-Pacific: South Korea’s November report on trade showed no indication of a meaningful rebound in exports.
However, the manufacturing PMI index shows signs of stabilization.
United States: Morgan Stanley’s CapEx expectations index keeps deteriorating.
Emerging Markets: Latin American currencies have underperformed this year amidst political turmoil. However, the Mexican peso performed better than regional peers versus the US dollar.
Rates: The map below shows the target inflation rates set by central banks around the world.
Food for Thought: Broadband and cellular service costs by country:
Edited by Daniel Moskovits
To receive the Daily Shot Premium, you need to be a subscriber to The Wall Street Journal. The Daily Shot readers qualify for a special membership offer of $1 for 2 months and can join simply by clicking here.
If you are already a WSJ member, you can sign up for The Daily Shot at our Email Center by clicking here.
The Daily Shot Premium is also available online at DailyShotWSJ.com
If you have any issues at all, please contact a Customer Service representative by calling 1-800-JOURNAL (1-800-568-7625) or sending an email to support@wsj.com.
Contact the Daily Shot Editor: Editor@DailyShotLetter.com
Subscribe to the Daily Shot Brief
