The Daily Shot Brief – December 6th, 2019

Greetings,

 

The United States: It’s been a tough year for farmers and their insurers. Total flood and excess moisture-related crop insurance payouts now top $5.3 billion as a result of significant flooding this year.

Source: @SteveBowenWx

 

The United Kingdom: Growth in household’s cash balances (and cash-equivalents) has been rising. Will a faster pace of consumption follow?

Source: Pantheon Macroeconomics

 

The Eurozone: Germany’s factory orders show no signs of a rebound, with the weakness driven by domestic demand (second chart).

Source: The Daily Shot
Source: Statistisches Bundesamt (Destatis)

 

Japan: The government is trying to avoid a recession with a healthy dose of stimulus.

Source: Goldman Sachs

 

China: Banks have less funding available for lending, which could slow credit growth.

Source: Longview Economics

 

Food for Thought: Consumer confidence of Americans under 25 years of age vs. those over 55:

Source: Variant Perception

Edited by Devon Lall

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Contact the Daily Shot Editor: Editor@DailyShotLetter.com

 

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