Greetings,
Equities: Here is the MSCI World Index performance after major epidemics.
Credit: The chart below shows the annual default counts and defaulted debt volumes over time.
Issuer-weighted default rates increased in 2019, led by energy and retail.
Energy: Fitch Solutions now expects an even faster pace of adoption of alternative energy sources in China.
China: China’s loss of US import market share has been concentrated in tariffed goods.
Japan: Deposit and security firms in Japan have been actively turning to positive-yielding assets abroad since domestic interest rates turned negative.
Food for Thought: A potential surprise in the Iowa Democratic caucuses?
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
Subscribe to the Daily Shot Brief
