The United States: 2018 could be a record year for US companies’ overseas mergers and acquisitions.
China: China’s pension shortfall has been rising.
Equity Markets: The number of Bloomberg stories mentioning “healthy correction” hits a record high.
Rates: Analysts expect higher Treasury issuance across the curve over the next two years, with the shorter maturities seeing the greatest increases.
The United Kingdom: The UK’s business activity growth is slowing across the board, including manufacturing, services, and construction.
Credit: This scatter-plot shows the leverage increase over the past decade versus the current leverage by sector (globally).
Cryptocurrencies: With Bitcoin exchanges fragmented, arbitrage opportunities still exist.
Food for Thought: Who works 60 hours a week or more?
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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