The Daily Shot Brief – February 26th, 2020

Greetings,

 

United States: Despite the rising concerns about the coronavirus epidemic, US consumer confidence remains robust.

Source: The Daily Shot

 

However, the stock market weakness is likely to dampen consumer sentiment in the weeks ahead.

Source: Pantheon Macroeconomics

 

In addition,  credit card delinquencies at smaller banks continue to climb.

Source: MarketWatch, @wolfofwolfst; Read full article

 

Eurozone: The euro area ranks just below Asian economies in terms of supply chain exposure to China.

Source: TS Lombard

 

Energy: Here is the recent history of US imports of solar panels.

Source: @markets; Read full article

 

Rates: According to BCA Research, a deeply negative term premium has made the yield curve much more prone to set off a false alarm as a recession signal.

Source: BCA Research

 

Equities: 64% of S&P 500 stocks have dividends that are above the 10yr Treasury yield.

Source: SunTrust Private Wealth Management

 

Food for Thought: Tech deals since 2010:

Source: @bpolitics; Read full article

Edited by Devon Lall

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 support@wsj.com.


Contact the Daily Shot Editor: Editor@DailyShotLetter.com

 

Leave a Reply