The Daily Shot Brief – February 9th, 2018

Greetings,

 

 

The United States: How well did the yield curve predict prior recessions?

Source: First Principles Capital Management, LLC (FPCM)

 

China: Here is an interesting question. How much of the recent dollar weakness is due to Beijing tolerating a stronger renminbi?

Source: @jessefelder; Read full article

 

Equity Markets: It’s interesting that the stock market had tolerated bond yield increases for some time, but it was the last 15 basis points that broke the camel’s back.

Source: RBC, @bySamRo

 

Rates: The FOMC membership is tilting more hawkish this year.

Source: First Principles Capital Management, LLC (FPCM)

 

The United Kingdom: The chart below shows the British households’ forecasts for the next rate hike.

Source: @MarkitEconomics

 

Global Developments: What’s the impact of the US dollar’s weakness on world trade?

Source: Oxford Economics

 

Cryptocurrencies: Here are the declines from the recent peak.

Source: WSJ.com, h/t Paul Menestrier; Read full article

 


Food for Thought: Top-searched winter Olympics sports.

Source: @followtheh, @carlquintanilla

 

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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