The United States: How well did the yield curve predict prior recessions?
China: Here is an interesting question. How much of the recent dollar weakness is due to Beijing tolerating a stronger renminbi?
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.
Rates: The FOMC membership is tilting more hawkish this year.
The United Kingdom: The chart below shows the British households’ forecasts for the next rate hike.
Global Developments: What’s the impact of the US dollar’s weakness on world trade?
Cryptocurrencies: Here are the declines from the recent peak.
Food for Thought: Top-searched winter Olympics sports.
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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