Greetings,
The United States: The SMI report continues to show healthy economic growth for the US in February. The Market and Sales Growth indices eased a bit, but confidence remains elevated, and hiring has picked up.
Equity Markets: These two charts show how different types of US stocks performed under various market and rates scenarios.
Energy Markets: But how much of the decline in the Cushing, OK inventories has been driven by the hurricanes? The red dot in the right chart below shows where inventories would have been without last year’s output disruptions.
The Eurozone: The euro continues to diverge from rate differentials.
Cryptocurrency: Bitcoin has nearly doubled since the lows early in the month.
Credit: These charts show how last year’s hurricanes impacted the US mortgage delinquency rates.
Emerging Markets: EM bond inflows in recent years have been impressive.
Food for Thought: The Well-Being Index in the US.
Edited by Joseph N Cohen
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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.
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