The Daily Shot Brief – February 27th, 2020



Equities: The number of S&P 500 stocks trading above the 200-day moving average is approaching 50%.

Source: The Daily Shot


Credit: Spreads between BB and BBB bonds are higher amid increased risk aversion.

Source: @bopinion; Read full article


Rates: The market-based probability of three rate cuts this year is approaching 90%.

Source: The Daily Shot

Here is the market’s expectation for the fed funds rate trajectory.

Source: The Daily Shot


China: Hong Kong is preparing substantial fiscal stimulus to jumpstart the economy.

Source: Evercore ISI Research, @LizAnnSonders


United States: New home sales hit the highest level since 2007.

Source: The Daily Shot


Food for Thought: Presidential approval rates vs. the unemployment rate:

Source: JP Morgan, @ISABELNET_SA

Edited by Daniel Moskovits

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