The Daily Shot Brief – February 17th, 2021



Eurozone: Brexit has forced a rerouting of trade routes between Ireland and the continent (see comment from the FT).

Source: @financialtimes Read full article


China: Mortgage rates have been drifting lower, and the overall mortgage market expansion has been slowing

Source: Gavekal Research


Emerging Markets: Current account balances are in much better shape than they were during taper-tantrum in 2013. Perhaps the selloff won’t be as severe after the next pullback in the Fed’s QE.

Source: Capital Economics


Energy: US oil output tumbled as a result of the frigid weather.

Source: @markets Read full article


Here is an estimate of the decline.

Source: Daily Shot


Equities: Penny stock activity has been extraordinary.

Source: @markets Read full article


Food For Thought: The impact of chip shortage on the auto industry (see overview):

Source: @technology Read full article

Edited by Devon Lall

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