The United States: The current economic expansion is expected to be the longest and one of the slowest on record.
Equity Markets: VIX remains dislocated relative to RVX. For those who can trade implied volatility on the S&P 500 and the Russell 2000, this could be an opportunity.
Energy Markets: US states plan installations of massive offshore wind turbines. The problem is that most are made in Europe.
The Eurozone: Analysts expect construction activity to improve in the Eurozone, further boosting economic growth.
Cryptocurrency: Bitcoin blasts past $11k.
Credit: High-yield bond funds saw significant outflows in recent weeks.
Food for Thought: Here is the word count of social media company names in the latest Robert Mueller indictment.
Edited by Joseph N 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