The Daily Shot Brief – February 1st, 2018

Greetings,

 

 

The United States: Economists are predicting a further decline in the household savings rate as stocks and home prices boost the wealth effect. It’s worth noting that many Americans who are unable to save are not the ones who benefit from the wealth effect.

Source: Capital Economics

 

The Eurozone: Exports were a big component of the GDP growth last quarter.

Source: @aila_mihr

 

Equity Markets: 51.6% of Americans think that the market will be higher a year from now. It indicates the most bullish sentiment in decades.

Source: @EconguyRosie

 

Credit: Private credit fundraising hit a record in 2017. Here is the breakdown (“MM CLO” = middle market collateralized loan obligations).

Source: @TRLPC

 

China: China is now the largest crude oil importer.

Source: EIA; Read full article

 

Energy Markets: US crude oil output is rapidly approaching 10 million barrels per day, putting further pressure on OPEC.

Source: Market Ethos, Richardson GMP

 

Cryptocurrencies: Bitcoin app downloads climbed with the cryptocurrency’s price.

Source: App Annie

 


Food for Thought: Suicide rates around the world.

Source: @onlmaps

 

 

Edited by Joseph N Cohen


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