The Daily Shot Brief – February 5th, 2018

Greetings,

 

 

The United States: Here is an overview of the US trade with China. Some analysts believe that China’s massive surplus with the US will make a significant retaliation against US trade restrictions less likely.

Source: @WSJecon, @WSJGraphics; Read full article

 

Europe: Sweden’s manufacturing expansion is slowing. Will this weakness also show up in the Eurozone this year?

Source: @MikaelSarwe

 

Equity Markets: It was a highly unusual week of high correlations between stocks vs. bonds. Here are the weekly changes in the S&P 500 (SPY) vs. long-term Treasuries (TLT).

Source: @TheTerminal

 

Credit: Here is how the corporate bond issuance in January compares to the previous years.

Source: @jessefelder; Read full article

 

The United Kingdom: The UK’s construction activity continues to weaken amid Brexit uncertainty (see comments below from Markit).

Source: IHS Markit; Read full article

 

Energy Markets: The US oil rig count keeps grinding higher as CapEx picks up.

Source: The Daily Shot
Source: Reuters; Read full article

 

Cryptocurrencies: South Korea’s massive speculative premium to Bitcoin is no more. Someone made good money selling cryptocurrencies to students, etc. at a significant premium to market prices (at the top of the market).

Source: @technology; Read full article

 


Food for Thought: The democracy index.

Source: @TheEconomist, h/t @axios; Read full article

 

 

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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