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.
China: China’s manufacturing wage increases have been substantially larger than pay gains elsewhere in Asia.
The Eurozone: Trade has been a drag on the euro area’s GDP.
Emerging Markets: Here is the regional breakdown of EM fund flows.
Global Developments: The chart below shows each country’s share of the global GDP – now and in 1960.
Food for Thought: Global carbon emissions:
Edited by Joseph Cohen
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 firstname.lastname@example.org.
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.
We would also like to thank the Federal Reserve Bank of St. Louis for the incredible job they have done providing data and graphics to the public. Here is the credit and legal notice related to all FRED charts: FRED® Graphs ©Federal Reserve Bank of St. Louis. All rights reserved. All FRED® Graphs appear courtesy of Federal Reserve Bank of St. Louis. http://research.stlouisfed.org/fred2/
Contact the Daily Shot Editor: Editor@DailyShotLetter.com