The Daily Shot Brief – December 10th, 2018



The United States: The overall consumer debt (as % of disposable income) has declined in recent years even as the total household net worth rose. This divergence suggests that, on average, US household balance sheets remain relatively healthy. Of course, these trends have been highly uneven across income categories.

Source: Capital Economics


China: China’s manufacturing wage increases have been substantially larger than pay gains elsewhere in Asia.

Source: Natixis


The Eurozone: Trade has been a drag on the euro area’s GDP.

Source: Pantheon Macroeconomics


Credit: Here is how PE firms have been managing defaults (DE = distressed exchanges, Prepack = pre-packaged bankruptcies, BK= regular bankruptcies).

Source: Moody’s Investors Service


Emerging Markets: Here is the regional breakdown of EM fund flows.

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


Global Developments: The chart below shows each country’s share of the global GDP – now and in 1960.

Source: Capital Economics


Food for Thought: Global carbon emissions:

Source: The Guardian; Read full article



Edited by Joseph Cohen

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Thanks to Josh Marte (@joshdigga), Matt Garrett (@MattGarrett3), Joseph Cohen (@josephncohen),, S&P Global, and Moody’s Investors Service for helping with the research for the Daily Shot.

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